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Using the lifo method of inventory pricing calculate the

During the past year, Kool Kats Inc. sold 829 pet bandanas. Inventory records for the year are as follows:

DATE		QUANTITY	COST	TOTAL
January 1	Beginning Inventory	300	$12	$ 3,600
February 3	Purchase	400	12	4,800
May 12	Purchase	380	11	4,180
June 22	Purchase	220	13	2,860
November 3	Purchase	450	9	4,050
Total available for sale		1,750		$19,490

Using the LIFO method of inventory pricing, calculate the dollar value of the ending inventory.

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