Date.............QTY. .....RATE........TOTAL
...............(Units).....N...........N
January 2nd....500......25.....12500
March 7th.....250......28........7000
Issues were made as follows:
Date............QTY. (uNITS)
January 9th .....200
February 14th ...200
March 11th ......200

The closing stock on March 11th by LIFO valuation is

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