Marigold Corp. has the following inventory dа ta:
Nov. 1 Inventory 23 units @ $4.70 each
8 Purchase 94 units @ $5.05 each
17 Purchase 47 units @ $4.90 each
25 Purchase 70 units @ $5.10 each
A physical count of merchandise inventory on November 30 reveals that there are 78 units on hand. Ending inventory (rounded) under LIFO is
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