AAA Co. uses a periodic inventory system and has the following information in regard to its inventory: Beginning inventory 450 units @ 16 $7,200 Purchase on January 25 550 units @ 17 9,350 Purchase on March 15 450 units @ 18 8,100 Purchase on October 2 650 units @ 19 12,350 Goods available for sale $37,000 There are 800 units in ending inventory. What is the amount of the ending inventory using the FIFO method?

$12,350

$7,200

$16,550

$15,050