Aldi Company’s beginning inventory on January 1, 2023 consisted of 1,000 units costing $1.80 per unit. Purchases for the year ending December 31, 2023 were as follows:   Quantity Total Cost January 25 2,500 $4,500 March 21 4,000 $9,600 April 20 3,000 $9,000 July 22 1,500 $5,400 October 14 3,200 $11,520 Sales during the period consisted of 8,200 units at a selling price of $5.10 per unit. Assuming the use of the FIFO inventory costing method, the ending inventory would be: Select one: a. $24,900 b. $27,120 c. $14,700 d. $23,820 e. $20,820

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