Lauer Corporation uses the periodic inventory system and has provided the following information about one of its laptop computers Date Transaction Number of UnitsCost per Unit 11 Beginning Inventory 5/5 Purchase 8/10 Purchase 10/15 Purchase 290 390 490 295 $990 $1,090 $1,190 $1,240 During the year, Lauer sold 1,225 laptop computers. What was ending inventory using the FIFO cost flow assumption? O $257,600 O $297,100 O $297,600 O $237,600