According to figure (2), the EEE company has the following inventory record during the month of May 2020. Assume that the EEE company sells 360 units and uses the FIFO method of inventory valuation. What amount would appear in ending inventory on the balance sheet?

A. $6,160

B. $4,000

C. $5,280

D. $4,000

Units (0) 80 Cost per unit $50 100 $60 Beginning inventory May 5, 2020 May 15, 2020 May 25, 2020 140 $70 120 $77