Effie Company uses a periodic inventory system. Details for the inventory account for the month of January, 2018 are as follows: 
An end of the month (1/31/18) inventory showed that 160 units were on hand. If the company uses LIFO, what is the value of the ending inventory?
Definitions:
Controlled Process
A type of cognitive processing that requires deliberate, effortful attention and is often contrasted with automatic processes.
Adaptations
Attributes that improve an individual’s prospects for survival and reproduction.
Social Tendencies
Inherent inclinations or predispositions in individuals to behave in certain ways in social contexts, influenced by societal norms and personal experiences.
Mutations
Changes in the DNA sequence of an organism's genome that can lead to variations in physical traits or influence susceptibility to certain diseases or conditions.
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