Sheridan uses the periodic inventory system. For the current month, the beginning inventory consisted of 7400 units that cost $11.00 each. During the month, the company made two purchases: 3100 units at $12.00 each and 12100 units at $12.50 each. Sheridan also sold 13000 units during the month. Using the LIFO method, what is the ending inventory? $120000. O $107800. O $114624. O $105600