Cars Company, which uses the periodic inventory method, purchases model cars for resale. Cars had no beginning inventory. It purchased 7 cars in January at $2.50 per car. In February, it purchased 5 cars at $4,50 per car. It purchased 6 cars in March at $5.50 per car. It sold 6 cars in October. There were no additional purchases or sales during the remainder of the year. If Cars Company uses the FIFO method, what is the cost of its ending inventory? Mutepie Choice O $68