Dobler Company uses a periodic inventory system. Details for the inventory account for the month of January 2022 are as follows: Units Price/unit Total Balance, 1/1/22 300 $5.00 $1,500 Purchase, 1/15/22 150 5.30 795 Purchase, 1/28/22 150 5.50 825 An end of the month (1/31/2022) inventory showed that 240 units were on hand. If the company uses FIFO, what is the value of the ending inventory? 1) $1,320 2) $1,200 O3) $1,302 4) $1,818