The units of an item available for sale during the year were as follows:

Jan	1	Inventory	24	units at	129
April	15	Purchase	130	units at	114
September	9	Purchase	24	units at	121

There are 53 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost using the last-in, first-out (LIFO)