A retail company is comparing different approaches to valuing inventory. The company has one product that it sells for $5O. EXHIBIT 1 Units Purchased and Sold (first quarter) EXHIBIT 2 Comparison of Inventory Methods and Models Note: LIFO is last in, first out and FIFO is first in, first out. What is the value of ending inventory for the first quarter if the company uses a perpetual LIFO inventory valuation method? A. $14,500. B. $15,000. C. $16,000