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 $96 per unit . 70 units at $77 per unit 173 units at $55 per unit Sales for the year totaled 266 units, leaving 22 units on hand at the end of the year Ending inventory using the FIFO method is: $2112 O $1468.57639 51210 O $1260