Fulbright Corporation uses the periodic inventory system. During its first year of operations, Fulbright

made the following purchases $($listed in chronological order of acquisition$)$:

$42$ units at $$102$ per unit

$74$ units at $$78$ per unit

$174$ units at $$60$ per unit

Sales for the year totaled $274$ units, leaving $16$ units on hand at the end of the year.

Ending inventory using the FIFO method is:

Multiple Choice

$$1,010.$

$$1,632$

$$960.$

$$1,131.$