Ben's Gasoline has the following inventory information:

July 1, 2020, inventory: 1,000 gallons @ $7.20 = $7,200

The company sold 2,300 gallons during July.

Purchases:
July 9	600	gals	@	$	7.25
July 13	800	gals	@	$	7.30
July 21	600	gals	@	$	7.35

The ending inventory under a periodic inventory system assuming average cost (rounding unit cost to three decimal places) is:

Group of answer choices

$5,087.

$5,107.

$5,077.

$5,005.