ane Company uses a periodic inventory system. Details for the inventory account for the month of January, 2016 are as follows: Units Per Unit Price Balance, 1/1/16160$5 Purchase, 1/15/16 150 5.1 Purchase, 1/28/16 150 5.4 Total $800 765 810 An end of the month (1/31/16) inventory showed that 250 units were on hand. If the company uses FIFO, what is the value of the ending $1275 $1320 $1284 $1250