Dobler Company uses a periodic inventory system. Details for the inventory account for the month of January 2014 are as follows: Units Per unit price Total Balance, 1/1/2014 200 $5.00 $1,000 Purchase, 1/15/2014 100 ..5.30 530 Purchase, 1/28/2014 100 ..5.50 550 An end of the month (1/31/2014) inventory showed that 160 units were on hand. If the company uses LIFO, what is the value of the ending inventory?