Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases (listed in chronological order of acquisition):

• 40 units at $92 per unit
• 70 units at $85 per unit
• 171 units at $65 per unit

Sales for the year totaled 273 units, leaving 8 units on hand at the end of the year.

Ending inventory using the FIFO method is:

Multiple Choice

• A $570.

• B $520.

• C $591.

• D $736.