Question 12 1 pts The beginning inventory for Kingsley Company consists of 250 units valued at $16 each. Four purchases of 60 units each were made during the year at $16, $16.50, $17, and $17.25 per unit, respectively. A physical count reveals 150 units on hand on the inventory date. What is the value of the ending inventory using the FIFO costing method? O $2,451 O $2,550 O $2,500 O $2,400