question content area the following units of an inventory item were available for sale during the year: beginning inventory 10 units at $47 first purchase 19 units at $50 second purchase 24 units at $57 third purchase 13 units at $60 the firm uses the periodic inventory system. during the year, 42 units of the item were sold. the value of ending inventory using fifo is a.$1,126 b.$1,407 c.$1,877 d.$2,357