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Please solve for ending inventory under LIFO aswell. Thank you Grouper Corporation began operations...

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Accounting

imageimagePlease solve for ending inventory under LIFO aswell. Thank you

Grouper Corporation began operations on December 1, 2019. The only inventory transaction in 2019 was the purchase of inventory on December 10, 2019, at a cost of $25 per unit. None of this inventory was sold in 2019. Relevant information for fiscal 2020 is as follows: Ending inventory units: December 31, 2019 130 December 31, 2020, by purchase date -Dec. 2, 2020 130 - July 20, 2020 30 160 During 2020, the following purchases and sales were made: Purchases Sales Mar. 15 340 units at $26 Apr. 10 210 July 20 340 units at $27 Aug. 20 280 Sept. 4 280 units at $30 Nov. 18 170 Dec. 2 130 units at $31 Dec. 12 400 Determine ending inventory under FIFO. ta $ Ending inventory

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