Calculator The following lots of Commodity 2 were available for sale during the year Beginning inventory 7 units at $48 First purchase 16 units at $55 Second purchase 52 units at $56 Third purchase 1 units at $65 The firm uses the periodic system, and there are 2 units of the commodity on hand at the end of the year. What is the ending inventory balance at the end of the year according to the UFO method? O , Cd