The following units of an inventory item were available for sale during the year. Use this information to answer the follo 10 units at $55 25 units at $60 30 units at $65 15 units at $70 Third purchase The firm uses the periodic inventory system. During the year, 60 units of the item were sold. The value of ending inventory rounded to nearest dollar using average cost is: $1,263 $1,375 $1,353 $1,150