Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases (listed in chronological order of acquisition): .45 units at $91 75 units at $85 175 units at $50 Sales for the year totaled 273 units, leaving 22 units on hand at the end of the year. Ending inventory using the LIFO method is: a) $1,150 b) $2,002 OC) $1,467 d) $1,100