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(5 points) Recife, Corp. reported beginning inventory of 300 units that cost $57 each on January 1, 2022. They purchased an additional 1,050 units for
(5 points) Recife, Corp. reported beginning inventory of 300 units that cost $57 each on January 1, 2022. They purchased an additional 1,050 units for $72 per unit on January 3 and 660 units on January 9 for $78 per unit. On January 5 , they sold 743 units and on January 17 they sold an additional 927 units. If Recife, Corp. uses a periodic FIFO inventory system, what will be the company's ending inventory for the month of January? (A 14) $19,380$26,520$24,480$24,389
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