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A sporting goods distributor received 24 basketballs @ $14.25 on Tuesday, 11 basketballs @ $12.60 on Thursday and 34 basketballs @ $13.42 on Friday. The ending inventory on Saturday was 39 basketballs. Using the LIFO method, what was the value of the ending inventory?

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A sporting goods distributor received 24 basketballs @ $14.25 on Tuesday, 11 basketballs @ $12.60 on Thursday and 34 basketballs @ $13.42 on Friday. The ending inventory on Saturday was 39 basketballs. Using the LIFO method, what was the value of the ending inventory?






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