Calculator The following lots of a particular commodity were available for sale during the year Beginning inventory 12 units at $51.00 First purchase 16 units at $55.00 Second purchase 50 units a $59.00 Third purchase 15 units at $64.00 The firm uses the periodic system, and there are 26 units of the commodity on hand at the end of the year. What is the amount of inventory at the end of the year according to the UFO method? Select the correct answer. $1,326.00 $5,402.00 $1,609.00 $1,382.00