7/7/2020 Bought 3,100 bushels of wheat for $31.00 a bushel with cash 7/8/2020 Bought 5,000 bushels of wheat for $37.00 a bushel with cash 7/14/2020 Sold 3,000 bushels of wheat for $57.00 a bushel with cash 7/30/2020 Bought 2,100 bushels of wheat for $39.00 a bushel with cash 7/31/2020 Sold 5,300 bushels of wheat for $69.00 a bushel with cash Using the periodic weighted average inventory method, what will be the value of the inventory account after all transactions have been recorded