Clear Clarinets Has the Following Inventory Data Assuming That a Periodic Inventory System Is Used, What Is

Clear Clarinets has the following inventory data: $$\begin{array} { r l l } \text { July } 1 & \text { Beginning inventory } & 30 \text { units at } \$ 120 \\5 & \text { Purchases } & 180 \text { units at } \$ 112 \\14 & \text { Sale } & 120 \text { units } \\21 & \text { Purchases } & 90 \text { units at } \$ 115 \\30 & \text { Sale } & 84 \text { units }\end{array}$$ Assuming that a periodic inventory system is used, what is the amount allocated to ending inventory on a FIFO basis.

A) $10,932
B) $11,022
C) $23,088.
D) $23,118