Calculator The following lots of Commodity D were available for sale during the year. Use this information to answer the question. Beginning inventory First purchase Second purchase Third purchase 10 units at $60 25 units at $65 30 units at $68 15 units at $75 The firm uses the periodic system, and there are 25 units of the commodity on hand at the end of the year. What is the amount of the inventory at the end of the year using the LIFO method? $3,815 $1,685 $1,805 $1,575 Calculator The following lots of a particular commodity were available for sale during the year Beginning inventory 12 units at $50.00 First purchase 17 units at $55.00 Second purchase 28 units at $21.00 Third purchase 13 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 average cost method? Do not round intermediate calculations. Round your final answer to the nearest whole dollar. Select the correct answer. $1,098 $1,105 $1,370 $1,300