The annual inventory of Bargain Bonanza, Inc. shows the following information for jackets:

Date Qty Cost Total Cost

January $1$ Beginning Inventory $400$ $$44$ $$17,600$

February $14$ Purchase $150456,750$

July $13$ Purchase $2504812,000$

September $2$ Purchase $4007128,400$

October $8$ Purchase $2006012,000$

Total available for sale $1,400$ $$76,750$

If $945$ jackets were on hand on December $31,$ find the value $($in $$)$ of the ending inventory using the FIFO method of inventory pricing?

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