Inventory Purchase Information Date Number of Units Cost per unit Extended Cost Beginning Inventory 100 10 1,000 10-Mar 150 11 1,650 20-Mar 100 10 1,000 30-Mar 150 12 1,800   The company had a sale of 200 units on March 12 and 100 units on March 22. Assume the company utilizes a Periodic inventory cost system and a Last-In, First-Out (LIFO) cost flow assumption. What is the balance of inventory on March 31? Group of answer choices: $2,100 $2,300 $2,850 $3,150 $3,350

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