Venus Wholesale Co -Assuming the FIFO Flow Assumption Is in Use, the Perpetual

Venus Wholesale Co. started carrying a new product in December. Purchases and sales of this product during the month were:
$\begin{array} { | l | l | } \hline 20 \mathrm { Dec } & \text { Purchased } 100 \text { units at } \$ 80 \text { per unit } \\\hline 26 \mathrm { Dec } & \text { Sold } 80 \text { units } \\\hline 28 \mathrm { Dec } & \text { Purchased } 100 \text { units at } \$ 90 \text { per unit } \\\hline\end{array}$

-Assuming the FIFO flow assumption is in use, the perpetual inventory records will indicate an ending inventory of this product of:

A) $9,800.
B) $10,600.
C) $10,800.
D) $8,000.