Goodman Company's inventory records show the following data:

				Units		Unit Cost
Inventory		January 1		10,000		$9.00
Purchases:		June 18		9,000		8.20
		November 8		6,000		7.00

A physical inventory on December 31 shows 6,000 units on hand. Under the FIFO method, the December 31 inventory is

$42,000.

$49,200.

$49,392.

$54,000.