The inventory records for Radford Company reflected the following Beginning inventory on May 1 Fiest purchase on May 7 2,100 units @ $5.80 2,200 units $6.00 2,400 units @ $6.10 2,000 units @ $6.20 Second purchase on May 17 Third purchase on May 23 Sale on May 31 6,700 units @ $7.70 What is the amount of ending inventory assuming the FIFO cost flow method is used? Multiple Choice $12.420 $12,180 $12,400 $13.010