Feb. 17 Purchase Periodic Inventory by Three Methods The units of an item available for sale during the year were as follows: Jan. 1 Inventory 1,050 units @ $120 1,430 units $123 July 21 Purchase 1,685 units @ $124 Nov. 23 Purchase 1,150 Units 5124 There are 1,225 units of the item in the physical inventory at December 31. The periodic inventory system is used. a. Determine the inventory cost by the first in. Prst-out method. D. Determine the inventory cout by the last-in, first-out method. c. Determine the inventory cost by the weighted average cost method. Do not round intermediate calculation and round final answer to the nearest whole dollar