Starlight Company has inventory of 8 units at a cost of $200 each on October 1. On October 2, it purchased 20 units at $205 each. 11 units are sold on October 4. Using the perpetual LIFO inventory method, what is the value of inventory after the October 4 sale?
A. $3,445.
B. $3,472.
C. $3,485.
D. $3,500.
E. $3,461.
Answer: A
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