Circle Corporation finished 57,000 units during December. On December 31st, they had 9,700 units of inventory. The equivalent units for December 31st were 9,700 units for materials and 3,880 units for conversion costs Circle uses the FIFO method of process costing. The following unit costs were calculated for the month of December Beginning Beginning Finished Ending Ending Materials Conversion and Materials Conversion Transferred Unit Cost $4.40 $4.70 $8.40 $4.20 $4.70 What was the dollar amount of inventory on December 31st? O $114,072 O $81,480 $60,916 O O $86,330 O $58,976