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 $104 per unit 72 units at $74 per unit 172 units at $69 per unit Sales for the year totaled 268 units, leaving 16 units on hand at the end of the year Ending inventory using the average cost method is: (Do not round unit cost calculation. Round your final answer to the nearest whole dollar amount) Multiple Choice $1104 $4154 tiple Choice $1304 $1.154 $1203 $1664