What is the amount of ending inventory

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Reference no: EM13823228

A company purchased 100 units for $20 each on January 31. It purchased 100 units for $30 on February 28. It sold 150 units for $45 each from March 1 through December 31. If the company uses the Last-In, First-Out inventory costing method, what is the amount of ending inventory on December 31?

$1,500

$1,250

$1,000

$2,250

Reference no: EM13823228

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