You are provided with the following information from Summer's inventory cost flow records: Purchases Cost Periodic method: FIFO cost flow Cost of Goods Sold Total Units Cost Total Units Units Balance Cost Total 60 $16.00 $960 100 $18.00 $1,800 Date Dec. 31 Jan. 5 Jan. 10 Jan. 12 Jan. 25 Total 70 $20.00 135 40 140 $800 $2,600 65 What is the dollar amount of Summer's inventory at the end of January (rounded to the nearest dollar)? $2,600 $1,050 $3,560 $2.510