Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases (listed in chronological order of acquisition): . 41 units at $94 per unit . 73 units at $87 per unit 171 units at $65 per unit Sales for the year totaled 267 units, leaving 18 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 O $1692 2 $1,220 $1170 $1,347