Suppose old navy uses the periodic inventory system and had the following inventory information available $1/1$ beginning inventory $88$ units Unit cost $$4,$ Total cost $352,$ purchase $1/20$ Units $440,$ Unit Cost $$5,$ Total cost $$2200,7/25$ Purchase units $88$ $$7,$ Total cost $616,10/20$ purchase units $264,$ Unit cost $$8,$ total cost $2112.$ Assume that company uses FIFO method. The cost of the ending inventory.