Question 16 1 pts Farley, Inc. had the following balances and transactions during 2019: Beginning Merchandise Inventory 25 units at $83 March 10 Sold 18 units June 10 Purchased 75 units at $108 October 30 Sold 70 units What is the balance of the company's Merchandise Inventory, as disclosed in the December 31, 2019 balance sheet as per the periodic FIFO inventory costing method? Your answer should be a $ amount HTML Editor BIVA - A - I E3333xx, E BER V GODT 12pt Paragraph