During the year, ABC Inc determined ending inventory and COGS under FIFO cost flow and periodic inventory method. Other information available is as follows:

	Unit	Unit Cost
Beginning inventory	100	$5
Purchase, January 12	200	$6
Purchase, August 25	150	$7
Ending inventory	200

What is the value of ending inventory:

Select one:

a. 1350

b. 1450

c. 2700

d. 1400