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Happy Company employs a periodic inventory system and and reported the following inventory information for the...

Happy Company employs a periodic inventory system and and reported the
following inventory information for the month of September:

September 1    Beginning inventory 3,800 units @ $22 cost per unit
September 8    Purchased 2,700 units @ $39 cost per unit
September 19   Purchased 1,500 units @ $17 cost per unit
September 24   Purchased 2,200 units @ $44 cost per unit
September 29   Purchased 3,100 units @ $29 cost per unit

Happy Company sold 5,600 units of inventory to customers during the
month of September.

Using the FIFO method, calculate the dollar amount of ending inventory
shown on Happy Company's September 30 balance sheet.
Business   Accounting   
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