Raymond Company had 150 units of product A on hand at January 1, 2012, costing $21 each. Purchases and sales of product A during the month were as follows: Unit Unit Cost Unit Unit Selling Price Purchases: Sales: Jan. 10 200 $22 Jan. 15 $28 175 Jan. 18 250 23 Jan. 20 200 28 Jan. 28 100 24 Jan. 25 100 30 What will Raymond Company report as inventory at January 31, 2012, assuming that it uses the FIFO inventory method? $5,250 O $5,350 O $4,800 O $5,275