Calculate ending inventory under the FIFO method using the following information: Beginning Inventory 11/1:1,000 units at $25 per unit Purchase 11/10:2,500 units at $30 per unit Purchase 11/15:1,500 units at $20 per unit Sold 11/25:2,500 units for $50 each $65,000 $75,000 $60,000 $70,000