Lion Co. has the following data related to an item of inventory:

Inventory, March 1 200 units @ $4.20

Purchase, March 7 700 units @ $4.40

Purchase, March 16 140 units @ $4.50

Inventory, March 31 300 units

The value assigned to ending inventory if Lion uses FIFO is

A.

$1,334.

B.

$1,280.

C.

$1,260.

D.

$1,350.