Fulbright Corporation 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 $95 per unit 72 units at $89 per unit 171 units at $67 per unit Sales for the year totaled 272 units, leaving 15 units on hand at the end of the year. Ending inventory using the FIFO method is: $1,005. $1.152. $1,055. $1,425