Bonita Company uses a periodic inventory system. Details for the inventory account for the month of January, 2020 are as follows: Per unit Units Total price Balance, 1/1/20 200 $4.00 $800 Purchase, 110 5.30 583 1/15/20 Purchase, 1/28/20 110 5.70 627 An end of the month (1/31/20) inventory showed that 160 units were on hand. If the company uses LIFO, what is the value of the ending inventory? $848 $640 $856 $892