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The following units of an inventory item were available for sale during the year: Beginning inventory 9 units at $ 5 1 First purchase 1

The following units of an inventory item were available for sale during the year:
Beginning inventory 9 units at $51
First purchase 17 units at $52
Second purchase 28 units at $55
Third purchase 16 units at $65
The firm uses the periodic inventory system. During the year, 43 units of the item were sold.
The value of ending inventory using FIFO is
a. $2,104
b. $1,316
c. $1,645
d. $2,529

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