Mountain Company uses the periodic inventory system. For the current month, the beginning inventory consisted of 1,200 units that cost $60 each. During the month, the company made two purchases: 500 units at $58 each and 2,000 units at $56 each. Mountain Company also sold 2,150 units during the month. Using the periodic FIFO method, what is the cost of ending inventory?

Select one: A. $75,800 B. $86,800 C. $74,400 D. $80,292