Kershaw Bookstore had 500 units on hand at January 1, costing $18 each. Purchases and sales during the month of January were as follows: 
Kershaw does not maintain perpetual inventory records. According to a physical count, 375 units were on hand at January 31.
The cost of the inventory at January 31, under the LIFO method is:
Definitions:
Control Circuit
An electrical circuit designed to control the operation of devices in a system, often using low power signals to operate switches or relays controlling higher power circuits.
Pressure Tank Switch
A switch mechanism that activates or deactivates based on the pressure level within a storage tank.
Pilot Device
Manual controls like switches or buttons used to operate electrical equipment indirectly.
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