He following units of an inventory item were available for sale during the year: Beginning inventory 10 units at $52 First purchase 19 units at $50 Second purchase 25 units at $55 Third purchase 14 units at $64 The firm uses the periodic inventory system. During the year, 48 units of the item were sold. The value of ending inventory using FIFO is
a.$2,176
b.$981
c.$1,746
d.$1,226
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