AAA Co. uses a periodic inventory system and has the following information in regard to its inventory:

Beginning inventory	300 units @ 13	$	3,900
Purchase on January 25	400 units @ 14		5,600
Purchase on March 15	300 units @ 15		4,500
Purchase on October 2	500 units @ 16		8,000
Goods available for sale		$	22,000

There are 750 units in ending inventory. What is the amount of the ending inventory using the FIFO method?

Multiple Choice

• $11,750

• $3,900

• $9,500

• $8,000