Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases (listed in chronologica order of acquisition): 45 units at $98 173 units at $65 Sales for the year totaled 275 units, leaving 15 units on hand at the end of the year Ending inventory using the LIFO method is: 6172 units at $80 ed Multiple Choice $1,470 $1,025 $975 $1,108