Sheffield uses the periodic inventory system. For the current month, the beginning inventory consisted of 7400 units that cost $10 each. During the month, the company made two purchases: 2900 units at $11 each and 12000 units at $11.50 each. Sheffield also sold 12800 units during the month. If the FIFO method is used, what is the ending inventory? $95000 $103933 $97100 $109250