1:51 AAA Company uses a periodic inventory system and has the following information regarding its inventory: Beginning inventory Purchase on January 25 Purchase on March 15 Purchase on October 2 450 units @ 16 550 units @ 17 450 units @ 18 $ 7,200 9,350 8,100 650 units @ 19 12,350 Goods available for sale $ 37,000 There are 750 units in ending inventory. What is the amount of the ending inventory using the FIFO method? Multiple Choice $7,200 $16,550 $12,350 $14,150