24. Dobler C ny uses a periodic inventory system. Details for the inventory account for the month of January 2017 are as follows: Balance, 1/1/2017 Purchase, 1/15/2017 Purchase, 1/28/2017 300 150 150 $5.00 5.30 5.50 $1,500 795 825 An end of the month (1/31/2017) inventory showed that 240 units were on hand. If the company uses FIFO, what is the value of the ending inventory? A) $1,320 B) $1,200 C) $1,302 D) $1,818