Given the Following Information, Determine the Cost of Ending Inventory

Multiple Choice

Given the following information, determine the cost of ending inventory at December 31 using the FIFO perpetual inventory method. December 2: 5 units were purchased at $7 per unit.
December 9: 10 units were purchased at $9.40 per unit.
December 11: 12 units were sold at $35 per unit.
December 15: 20 units were purchased at $10.15 per unit.
December 22: 18 units were sold at $35 per unit.

A) $51.75
B) $83.22
C) $41.30
D) $94.00
E) $50.75