Swifty uses the periodic inventory system. For the current month, the beginning inventory consisted of 7100 units that cost $10.00 each. During the month, the company made two purchases: 3200 units at $11.00 each and 12200 units at $11.50 each. Swifty also sold 12700 units during the month. Using the FIFO method, what is the ending inventory?

$107411.

$112700.

$100700.

$98000.