Sunny side Company records inventory using a periodic inventory system and valuates their stock using the FIFO method. The following transactions took place during the month of March: Purchases: 03 March 200 units at R350 per unit 20 March 100 units at R370 per unit Material requisitions received from the manufacturing department: 10 March 260 units 25 March 30 units The closing stock for February was 20 units at a value of R320 per unit Calculate the value of the closing stock for March