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 $94 per unit . 71 units at $86 per unit 174 units at $62 per unit Sales for the year totaled 274 units, leaving 13 units on hand at the end of the year. Ending inventory using the FIFO method is: Multiple Choice $944. O $806. $856. O O O $1.222