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The following units of an inventory item were available for sale during the year: Beginning inventory 9 units at $49 First purchase 17 units at

The following units of an inventory item were available for sale during the year:

Beginning inventory 9 units at $49
First purchase 17 units at $52
Second purchase 21 units at $57
Third purchase 14 units at $57

The firm uses the periodic inventory system. During the year, 37 units of the item were sold.

The value of ending inventory using FIFO is

$1,368

$1,809

$2,252

$1,094

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