ADM Corporation uses the perpetual inventory system and had the following information available for 2019: Units - Unit Cost Total Cost Jan 1 Beginning inventory $4.00 $ 60 20 Purchase 4.40 264 21 Sale Jul 25 Purchase 4.20 126 Oct 20 Purchase 4.80 Nov 15 Sale | 216 Assume that the company uses the average cost method. The value of the inventory after the Oct 20 purchase was (Use unrounded numbers in your calculations but round your final answer to the nearest cent.)