Kershaw Bookstore Had 500 Units on Hand at January 1

Multiple Choice

Kershaw Bookstore had 500 units on hand at January 1, costing $18 each. Purchases and sales during the month of January were as follows: Kershaw does not maintain perpetual inventory records. According to a physical count, 375 units were on hand at January 31.
The cost of the inventory at January 31, under the LIFO method is:

A) $1,000.
B) $6,750.
C) $7,750.
D) $8,000.