Inventory records for Eliza Company revealed the following:Date Transaction Number of Units Unit CostMarch 1 Beginning Inventory 1,100 $ 7.20March 10 Purchase 520 7.70March 16 Purchase 398 8.30March 23 Purchase 510 9.00Eliza sold 1,900 units of inventory during the month. Ending inventory assuming FIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.)Multiple Choice$5,569.$4,900.$7,920.$1,259.