9 Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases (listed in chronological order of acquisition): 45 units at $99 per unit 71 units at $75 per unit 171 units at $52 per unit 02:04:53 eBook Sales for the year totaled 266 units, leaving 21 units on hand at the end of the year. References Ending inventory using the FIFO method is: Multiple Choice $1,366. $2,079. $1,092. $1,142