Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases (listed in chronological order of acquisition):

• 44 units at $96
• 72 units at $75
• 172 units at $64

Sales for the year totaled 270 units, leaving 18 units on hand at the end of the year.

Ending inventory using the FIFO method is:

Multiple Choice

• $1,728.

• $1,290.

• $1,202.

• $1,152.