Crane uses the periodic inventory system. For the current month, the beginning inventory consisted of 7100 units that cost $12.00 each. During the month, the company made two purchases: 2800 units at $13.00 each and 12000 units at $13.50 each. Crane also sold 12700 units during the month. Using the LIFO method, what is the ending inventory? $110400 $119140 $112500 $124200