Inventory records for Eliza Company revealed the following:

Date Transaction Number of Units Unit Cost March 1 Beginning Inventory 1,100 $ 7.20 March 10 Purchase 520 7.70 March 16 Purchase 398 8.30 March 23 Purchase 510 9.00

Eliza sold 1,900 units of inventory during the month. Ending inventory assuming FIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.)

Multiple Choice

• $5,569.

• $4,900.

• $7,920.

• $1,259.