Terps Company is a wholesaler of office supplies. The activity for Model III calculators during August is shown below: Date Balance/Transaction Units Cost per unit August 1 Inventory 2,000 $36.00 August 7 Purchase 3,000 37.20 August 12 Sales 3,600 August 21 Purchase 4,800 38.00 August 22 Sales 3,800 August 29 Purchase 1,600 38.60 If the company uses a FIFO periodic inventory system, the ending inventory of Model III calculators at August 31 is reported as O $152,288 O $152,960 O $150,080 O $150,160