Southern Merchandisers had the following inventory transactions in the merid December. What is the Ending Inventory under FIFO? Cost per Unit $20 # of Units Dec. 1- Beginning 100 Inventory Dec. 5 - Purchase 30 $22 $24 $25 Dec. 9 - Sale 80 Dec. 11 - Purchase 50 $28 Dec. 15 - Purchase 60 Dec. 18 - Sale 50 Dec. 23 - Purchase 40 Dec. 30 - Sale 70 2 2. $1,600 45 $1,720 48 $2,120 $4,760 50 $4,360 2