Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases (listed in chronological order of acquisition):
• 44 units at $104
• 70 units at $73
• 171 units at $63
Sales for the year totaled 274 units, leaving 11 units on hand at the end of the year.
Ending inventory using the LIFO method is:
$1,144. $743. $693. $790.