The following units of an inventory item were available for sale during the year. Beginning inventory First purchase Second purchase Third purchase 10 units at $55 25 units at $60 30 units at $65 15 units at $70 The firm uses the periodic inventory system. During the year, 60 units of the item were sold. The ending inventory cost rounded to nearest dollar using average cost is Oa. $1,263 Ob. $1,375 Oc. $1,353 Od. $1,150 The following lots of Commodity 2 were available for sale during the year Beginning inventory 10 units at $30 First purchase 25 units at $32 Second purchase 30 units at $34 Third purchase 10 units at $35 Theses the periodic wystem, and there me 20 units of the commodity on hand at the end of the year. What the ending inventory balance of the end of the your according to the LIFO method O, 50 De 5620 Od 5455