Inventory records for Marvin Company revealed the following: Unit Cost $7.26 Date Transaction Mar. 1 Beginning inventory Mar. 10 Purchase Mar.16 Purchase Mar. 23 Purchase Number of Units 970 600 426 530 7.76 8.36 9.06 Marvin sold 1,860 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 O O $1,870 O $5,939 O $1,427 O $7,042