Sheridan Company uses a periodic inventory system. Details for the inventory account for the month of January, 2016 are as follows: Units Per Unit Price $5 Balance, 1/1/16 180 Purchase, 1/15/16 150 5.6 Purchase, 1/28/16 150 5.5 Total $900 840 825 An end of the month (1/31/16) inventory showed that 160 units were on hand. If the company uses FIFO, what is the value of the ending inventory? O $896 $845 o $881 $800