14 Kershaw Company uses the periodic inventory system. For January 2020. the beginning inventory consisted of 10.000 units that cost CHF6 each. During the month, the company made two purchases: 20.000 units at CHF8 each and 10.000 units at CHF10 each. Kershaw sold 30.000 units during the month for CHF12 per unit. Using the FIFO method, what is the amount of ending inventory at January 31, 2020? 1. None 2. CHF160.000. 3. CHF120.000. 4. CHF100.000. 5 CHF:40,000