Melbourne Company uses the perpetual... Melbourne Company uses the perpetual inventory system and LIFO cost flow method. Melbourne purchased 1,400 units of inventory that cost $8.75 each. At a later date, the company purchased an additional 1,500 units of inventory that cost $9.25 each. If the company sells 1,700 units inventory, what amount of ending inventory will appear on a balance sheet prepared immediately after the sale? Multiple Choice O $11,100 O $10,500 O $15,625 O $10,800
