Sept. 1 Diligent Ltd had five units of the commodity Algo on hand at 1 September 2019. The following purchases and sales were made during September: Opening balance Purchases Sales 5 units @ $200 September 3 5 units @ $240 September 7 7 units 123 units @ $260 27 5 units 256 units @ $200 What was the value of ending inventory of Algo, using the LIFO assumption in a periodic inventory system? Select one: O a. $1 590 O b. $1 460 O c. $1 580 O d. $1 480