The following units of an inventory item were available for sale during the year: Beginning inventory 8 units at $48 First purchase 19 units at $50 Second purchase 22 units at $58 Third purchase 13 units at $64 The firm uses the periodic inventory system. During the year, 40 units of the item were sold. The value of ending inventory using FIFO is Oa. $1,083 Ob. $2,304 Oc. $1,738 Od. $1,354