Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases (listed in chronological order of acquisition): 42 units at $109 per unit 75 units at $72 per unit 173 units at $67 per unit Sales for the year totaled 271 units, leaving 19 units on hand at the end of the year.

Ending inventory using the LIFO method is: