Use the information below to answer this question Date.............QTY. .....RATE........TOTAL ...............(Units).....N...........N January 2nd.....500....

Use the information below to answer this question 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 ......200The closing stock on March 11th by LIFO valuation is