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

Beginning inventory 5 units at $230 = $1,150 First purchase 20 units at $232 = $4,640

Second purchase 25 units at $234 = $5,850

Third purchase 5 units at $235 = $1,175

Available for sale 55 $12,815

The company uses the periodic inventory system. There are 15 units in the physical inventory at the end of the year. The value of ending inventory using FIFO is