Quayle Bookstore Had 500 Units on Hand at January 1

Multiple Choice

Quayle Bookstore had 500 units on hand at January 1 costing $9 each. Purchases and sales during the month of January were as follows: $\begin{array}{rlr} \underline{\text { Date }}&& \underline{\text { Purchases }}& \underline{ \text { Sales }} \\\text { Jan. }&14 & & 380 @ \$ 15 \\&17 & 250 @ \$ 10 & \\&25 & 250@ \$ 12 & \\ &29 & & 260 @ \$ 17\end{array}$
Quayle does not maintain perpetual inventory records. According to a physical count 360 units were on hand at January 31. The cost of the inventory at January 31 under the LIFO method is:

A) $3240.
B) $3650.
C) $4100.
D) $3820.