Blossom Company uses a periodic inventory system. Details for the inventory account for the month of January 2022 are as follows: Units Balance, 1/1/2022 Purchase, 1/15/2022 Purchase, 1/28/2022 240 120 120 Per unit price $5.00 5.30 5.50 Total $1200 636 660 An end of the month (1/31/2022) inventory showed that 190 units were on hand. If the company uses FIFO, what is the value of the ending inventory? $1296 $950 $1465 $1031