Unland company uses a periodic inventory system. details for the inventory account for the month of january 2017 are as follows:
units per unit price total
balance, 1/1/2017 290 $5.00 $1450
purchase, 1/15/2017 140 ..5.10 714
purchase, 1/28/2017 140 ..5.30 742
an end of the month (1/31/2017) inventory showed that 230 units were on hand. if the company uses lifo, what is the value of the ending inventory?
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