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The following lots of Commodity D were available for sale during the year. Beginning inventory 1 0 units at $ 6 0 First purchase 2

The following lots of Commodity D were available for sale during the year.
Beginning inventory
10 units at $60
First purchase
25 units at $65
Second purchase
30 units at $68
Third purchase
15 units at $75
The firm uses the periodic inventory system, and there are 25 units of the commodity on hand at the end of the year.
What is the ending inventory balance of Commodity D using FIFO?
a. $1,805
b. $1,575
c. $3,585
d. $1,685
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