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 $109 71 units at $74 174 units at $59 Sales for the year totaled 269 units, leaving 17 units on hand at the end of the year. Ending inventory using the LIFO method is: Multiple Choice $1,188 $1,853. Oo oo 0 $1,003. $ (Alt + A) $1,053