Esquire Corp. uses the periodic inventory system. During its first year of operations, Esquire made the following purchases (list in chronological order of acquisition): 20 units at $50 35 units at $40 .85 units at $30 Sales for the year totaled 135 units, leaving 5 units on hand at the end of the year. Ending inventory using the FIFO method is Multiple Choice O $150 O $177 O $250 O $1,540