Ward Hardware had an inventory of 1,500 hammers valued at $5.00 each to begin the month. Ward sold 800 hammers on the 15th of the month and purchased 2,800 hammers on the last day of the month at $5.80 each.Ward's inventory on a FIFO basis as of the beginning of the next month is _________. Select one: A. $19,100 under the periodic system only. B. $19,740 under the periodic system only. C. $19,740 under the perpetual system only. D. $19,740 under either inventory system