The annual inventory of Bargain Bonanza, Inc. shows the following information for jackets: Date Qty Cost Total Cost January 1 Beginning Inventory 400 $48 $19,200 February 14 Purchase 150 45 6,750 July 13 Purchase 250 52 13,000 September 2 Purchase 400 67 26,800 October 8 Purchase 200 60 12,000 Total available for sale 1,400   $77,750 If 917 jackets were on hand on December 31, find the value (in $) of the ending inventory using the FIFO method of inventory pricing? $

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