Sheffield Company uses a periodic inventory system. Details for the inventory account for the month of January, 2020 are as follows: Per Units Unit Price Total Balance, 1/1/20 250 $4.00 $1000 Purchase, 1/15/20 70 5.40 378 Purchase, 1/28/20 70 5.70 399 An end of the month (1/31/20) inventory showed that 120 units were on hand. If the company uses FIFO, what is the value of the ending inventory