During the year, Rose Corporation had the following inventory transactions. For the entire year, Rose Corporation sells 850 units of inventory for $75 each. Date Transaction Number of Cost Per Total Cost Units Unit Jan 10 125 $ 50 $ 6,250 Beginning inventory Purchase Apr 12 425 $ 52 $ 22,100 Jun 15 Purchase 250 $ 54 $ 13,500 Oct 10 Purchase 200 $ 57 $ 11,400 1,000 $ 53,250 Determine the ending inventory for Rose Corporation for the year, assuming it uses the FIFO method. $7,550 $8,550 $11,250 $44,700