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AAA Co. uses a periodic inventory system and has the following information in regard to its inventory: Beginning inventory Purchase on January 25 Purchase on

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AAA Co. uses a periodic inventory system and has the following information in regard to its inventory: Beginning inventory Purchase on January 25 Purchase on March 15 Purchase on October 2 Goods available for sale 350 units @ 14 450 units @ 15 350 units @ 16 550 units @ 17 00:30:14 $ 4,900 6,750 5,600 9,350 $26,600 There are 850 units in ending inventory. What is the amount of the ending inventory using the FIFO method? Multiple Choice o $1,900 o $14,150 o C

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