3. Tinker Bell Company has the following:

Units Unit Cost Inventory, Jan. 1 8,000 $11 Purchase, June 19 13,000 12 Purchase, Nov. 8 5,000 13 If Tinker Bell has 9,000 units on hand at December 31, the cost of the ending inventory under FIFO is:

a. $99,000.

c. $113,000.

b. $108,000.

d. $117,000.