During the past year, Franklin Industries sold 562 calculators. Inventory records for the year are as follows: DATE January 1 QUANTITY 150 COST $11.50 TOTAL $1,725 August 23 October 18 November 19 December 1 Total available for sale Beginning Inventory Purchase Purchase Purchase Purchase 350 250 326 450 1,526 12.50 10.50 12.50 8.50 4,375 2,625 4,075 3,825 $16,625 Using the FIFO method of inventory pricing, calculate the dollar value of the ending inventory. Hint: Total units available for sale - The number of units sold = The number of units in ending inventory a. $10,815.50 O b. $14,834.50 O c. $7,324.00 O d. $9,874.00