At May 1, 2022,Swifty Corporationhad beginning inventory consisting of230units with a unit cost of $5. During May, the company purchased inventory as follows:

460units at $5

680units at $6

The company sold1140units during the month for $9per unit.Swifty Corporationuses the average cost method. The value ofSwifty Corporation's inventory at May 31, 2022 is(Round average cost per unit to 2 decimal places, e.g. 12.52.)??

$1150.

$1380.

$1265.

$7530.