Appaloosa Company uses the LIFO method to assign costs to in…
Appaloosa Company uses the LIFO method to assign costs to inventory and cost of goods sold. They began the period with 150 units in their inventory. Each of those units was purchased for $5. In June, Appaloosa purchased 85 units for $4 each. On November 5th, the firm sold 165 units for $7.50. What amounts would be reported as the ending inventory balance for the year? Enter your answer without a dollar sign, decimal point, or a comma.