Jennifer Company uses the periodic inventory system to account for inventories. Information related to Jennifer Company's Inventory at October 31 is given below: October 1 Beginning inventory Purchase Purchase Purchase Total units and cost 390 units X 800 units X 580 units X 200 units X 1,970 units $10.00 - $10.20 $10.70 $11.70 16 $3,900 8,160 6,206 24 2.340 $20,606 Value the ending inventory using the FIFO cost assumption it S00 units remain on hand at October 31. (Round answer to o decimal places, e.3.5,275.) Ending Inventory