Addison Hardware began the month of November with 150 large brass switchplates on hand at a cost of $4.00 each. These switchplates sell for $7.00 each. The following schedule presents the sales and purchases of this item during the month of November Purchases Sales Number of Units Unit Cost Units Sold Transaction November 5 November 7 November November 11 November 17 November 22 November 20 100 If Addison uses a periodic FIFO inventory system, the value of the inventory on November 30 would be Select one $1,012 $1,046 $936 $1,104