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

• 40 units at $90 per unit
• 74 units at $88 per unit
• 173 units at $60 per unit

Sales for the year totaled 271 units, leaving 16 units on hand at the end of the year.

Ending inventory using the LIFO method is:

A. $1,440

B. $1,010

C. $960

D. $1,142