The following data represent the beginning inventory and, in the order of occurrence, the purchases and sales of Mullenax Company for an operating period.

	Units	Unit Cost		Total Cost		Units Sold
Beginning Inventory	20	$88		$ 1,760
Purchase No. 1	20	93		1,860
Sale No. 1						30
Purchase No. 2	90	96		8,640
Sale No. 2						80
Purchase No. 3	70	110		7,700		___
Totals	200			$19,960		110

3. Assuming Mullenax Company uses FIFO periodic inventory, the ending inventory cost is:

A) $9,620

B) $8,400

C) $9,480

D) $7,560