Question 3 (4 points) Saved Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases (listed in chronological order of acquisition): 45 units at $91 75 units at $85 175 units at $50 Sales for the year totaled 273 units, leaving 22 units on hand at the end of the year. Ending inventory using the LIFO method is: a) $1,150. b) $2,002 c) $1,467 d) $1,100