The following lots of Commodity $Z$ were available for sale during the year.

Beginning inventory

First purchase

Second purchase

Third purchase

$8$ units at $$52$

$17$ units at $$53$

$51$ units at $$58$

$14$ units at $$58$

The firm uses the periodic inventory system, and there are $23$ units of the commodity on hand at the end of the year.

What is the ending inventory balance of Commodity $Z$ using LIFO?

a$.$ $$1,196$

b$.$ $$1,211$

c$.$ $$1,334$

d$.$ $$5,087$