JTB Corp, uses the perpetual inventory system and FIFO inventory costing method. The company reported the following sales and purchase transactions in February: Date Transaction Units Unit Cost Unit Sales price Feb. 1 Beg. inventory 120 $30 Feb. 6 Purchase 60 $32 Feb. 14 Sale 135 $45 Feb. 20 Purchase 150 $35 Feb. 26 Sale 125 $48 What is the value of ending inventory at the end of February? a) $12,075 b) $8,320 c) $2,450 d) $5.520 e) $10,770