Madison Outlet has the following inventory transactions for the year 15 Date Jan. 1 Mar. 14 Transaction Beginning inventory Purchase Numbers of Units 10 15 Unit Cost $200 300 Total COBE $2,000 4,500 $6,500 Jan. 1 - Dec. 31 Total sales to customers 12 What amount would Madison report for ending inventory using FIFO? Multiple Choice $2,600 O $2.900 O $3,600