Marlin Co Uses a Periodic Inventory System with the Specific Identification

Marlin Co. uses a periodic inventory system with the specific identification method of cost assignment. Inventory purchases for the month of August were:

$$\begin{array} { l l l r } & \text { Date } & \text { Urits } & \text { Urit Cost } 5 \\\hline \text { Begirruing Irvertory } & 1 \text {-Aug } & 2000 & 8.00 \\\text { Purchase } & 8 \text {-Aug } & 1000 & 10.00 \\\text { Purchase } & 16 \text {-Aug } & 1500 & 12.00 \\\text { Purchase } & \text { 27-Aug } & 1300 & 11.00\end{array}$$
On 24 August 1200 units from beginning inventory and 1000 units from the 16 August purchase were sold. What was the value of ending inventory at 31 August?

A) $21 600
B) $36 700
C) $39 600
D) $58 300