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Inventory data for ABC Company for the year ended December 31, 2021, are as follows: Beginning...

Inventory data for ABC Company for the year ended December 31, 2021, are as follows:

Beginning inventory 25 units at $ 100 each

Transaction 1 – Purchase:                           14 units at $ 99 each

Transaction 2 – Sales: 14 units

Transaction 3 – Purchase:                           20 units at $ 105 each

Transaction 5 – Purchase: 10 units at $ 108 each

Transaction 6 – Sales: 35 units

Compute the perpetual ending inventory balance on December 31, 2021, using FIFO

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