IDNLearn.com: Your one-stop platform for getting reliable answers to any question. Get the information you need from our community of experts, who provide detailed and trustworthy answers.

Dart Supply has the following transactions.
1/3 - Inventory purchases of 14 units for $560,000
1/5 - Sales of 6 units for $240,000
1/7 - Purchases of 16 units for $736,000.

How much is the end inventory under LIFO?
A. $1,056,000
B. $1,020,000
C. $460,000
D. $1,186,000