Inventory Records for Dunbar Incorporated Revealed the Following Dunbar Sold 700 Units of Inventory During the Month

Inventory records for Dunbar Incorporated revealed the following: $$\begin{array} { l l c r } \text { Date } &{ \text { Transaction } } & \text { Number } & \text { Unit } \\&&\text { of Units } & \text { Cost } \\\text { Apr. 1 } & \text { Beginning inventory } & 500 & \$ 2.40 \\\text { Apr. 20 } & \text { Purchase } & 400 & 2.50\end{array}$$ Dunbar sold 700 units of inventory during the month. Ending inventory assuming LIFO would be:

A) $500.
B) $490.
C) $470.
D) $480.