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Brisket Co uses periodic FIFO to account for its inventory. The following transactions of Widget S400 took place during the month of February. The opening

Brisket Co uses periodic FIFO to account for its inventory. The following transactions of Widget S400 took place during the month of February. The opening inventory was 1,900 units at a cost of $5.00 each.

Feb 3: purchased 1,100 units @ $9.00 each

Feb 12: sold 1,100 units @ $24.00 each

Feb 15: purchased 400 units @ $7.00 each

Feb 23: sold 500 units @ $26.00 each

What is the value of the ending inventory?

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