Question 25 (4 points) For items 25, 26, 27 and 28 use the following information from ASU Company inventory records for Product XYZ for the month of October 2020. ASU uses a perpetual inventory system. Beginning Inventory (October 01). 1,000 units @ $10 per unit Purchases and sales: October 03- Purchases 2,000 units @ $11 per unit October 08--Sales 1,200 units October 16--Purchases 2,500 units @ $12 per unit October 26--Sales 2,000 units October 29- - Purchases 1,000 units @ $13 per unit What is the value of the ending inventory at October 31 under First-In, First-Out (FIFO)