Sheridan uses the periodic inventory system. For the current month, the beginning inventory consisted of 7200 units that cost $13.00 each. During the month, the company made two purchases: 3100 units at $14.00 each and 12200 units at $14.50 each. Sheridan also sold 12700 units during the month. Using the FIFO method, what is the ending inventory?

$136713.

$142100.

$130000.

$127400.