Marigold uses the periodic inventory system. For the current month, the beginning inventory consisted of 7200 units that cost $9 each. During the month, the company made two purchases: 3100 units at $10 each and 12000 units at $10.50 each. Marigold also sold 12900 units during the month. Using the LIFO method, what is the ending inventory?

$93530.

$86800.

$98700.

$84600.