Fulbright Corp. uses the periodic inventory system. Inventory at the beginning of the year had 160 units with a unit cost of $50 each. Fulbright made the following purchases: Jan 25 280 units at $40 July 23 680 units at $30

Sales for the year totaled 1,000 units, leaving 120 units on hand at the end of the year. Ending inventory using the FIFO method is (do not use $ or , or pennies in your answer):