A company had the following information available for its inventory: Beginning balance 40 units @ $2.50 Purchased 400 units @ $3.25 on Jan 14th Sold 320 units on Jan 19th Using the FIFO method, what was the ending inventory after the Jan 19th transaction? $360 $1,040 $390 O $1,010 A company had the following information available for its inventory: Beginning balance 40 units @ $2.50 Purchased 400 units @ $3.25 on Jan 14th Sold 320 units on Jan 19th Using the FIFO method, what was the ending inventory after the Jan 19th transaction? $360 $1,040 $390 O $1,010 A company had the following information available for its inventory: Beginning balance 40 units @ $2.50 Purchased 400 units @ $3.25 on Jan 14th Sold 320 units on Jan 19th Using the FIFO method, what was the ending inventory after the Jan 19th transaction? $360 $1,040 $390 O $1,010 A company had the following information available for its inventory: Beginning balance 40 units @ $2.50 Purchased 400 units @ $3.25 on Jan 14th Sold 320 units on Jan 19th Using the FIFO method, what was the ending inventory after the Jan 19th transaction? $360 $1,040 $390 O $1,010 A company had the following information available for its inventory: Beginning balance 40 units @ $2.50 Purchased 400 units @ $3.25 on Jan 14th Sold 320 units on Jan 19th Using the FIFO method, what was the ending inventory after the Jan 19th transaction? $360 $1,040 $390 O $1,010