A company's inventory records report the following:

August 1 Beginning balance 32 units @ $22

August 5 Purchase 27 units @ $21

August 12 Purchase 31 units @ $22

On August 15, it sold 64 units. Using the FIFO perpetual inventory method, what is the value of the inventory at August 15 after the sale?

Multiple Choice

a $1,534

b $1,408

c $572

d $2,340

e $592