32 Fulbright Corporation uses the periodic Inventory system. During its first year of operations, Fulbright made the following purchases (listed in chronological order of acquisition): 42 units at $110 per unit 74 units at $78 per unit 173 units at $70 per unit 00:52:45 Sales for the year totaled 273 units, leaving 16 units on hand at the end of the year. Ending Inventory using the average cost method is: Note: Do not round unit cost calculation. Round your final answer to the nearest whole dollar amount. Multiple Choice $1,120. $1,246. $1,760. $1,170.