Food inventory is being valued. Eighteen #10 cans of diced pears are on the shelf. From oldest to newest cans, three cost $6.66 each, six cost $6.72 each, and nine cost $6.78 each. Using the FIFO valuation method, What is the total inventory value of diced pears?
1) $119.88
2) $120.96
3) $121.32
4) $122.04