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Default Most current date

I am trying to summarize a bunch of entries with a pivot table but can't seem
to get the format that I am looking to attain. I have copied out all my item
purchases, date and cost. I am trying to get the latest date and the amount
that I purchased it for. If I create a pivot table I can only get it to
return all the individual dates against an item. Is it possible to get the
most current date only?