Jones Company Has the Following Data Available If Jones Company Uses a Perpetual LIFO Inventory System, the c

Jones Company has the following data available: $$\begin{array} { l c c c } \text { Transaction } & \text { Units Purchased } & \text { Unit Cost } & \text { Units Sold } \\\text { Beginning Inventory } & 850 & \$ 30 & \\\text { Oct. 1 Purchase } & 325 & 32 & \\\text { Oct. 10 Sale } & & & 425 \\\text { Oct. 14 Purchase } & 450 & 36 & \\\text { Oct. 20 Sale } & & & 600 \\\text { Oct. 22 Purchase } & 400 & 37 & \\\text { Oct. 29 Sale } & & & 500\end{array}$$
If Jones Company uses a perpetual LIFO inventory system, the cost of ending inventory on October 31 is ________.

A) $14,800
B) $18,500
C) $15,000
D) $66,900