Question Number Three Assume that AaCo uses the periodic method of accounting for and recording inventory. At the beginning of 20x6, AaCo had 700 units of inventory on hand at cost per unit of $10.00. During 20x6, AaCo purchased additional inventory as set out immediately below. March 11 5,000 units @ $11.00 each June 17 1,000 units @ $12.00 each September 4 2,000 units @ $13.00 each November 9 500 units @ $14.00 each During, 20x6, AaCo sold 7,200 units. A physical inventory confirms that AaCo has an end-of-year inventory of 2,000 units on hand. Using each of the listed inventory costing methods, what is the total cost of the 2,000 units of inventory on hand at the end of the year. Insert each answer in the space provided on the separate answer sheet. A. FIFO inventory method B. LIFO inventory method C. Weighted average inventory method