Brocken Co. has the following data related to an item of inventory:

Inventory, May 1 3,000 units @ 4.20

Purchase, May 7 10,500 units @ 4.40

Purchase, May 16 2,100 units @ 4.50

Inventory, May 31 3,900 units

The value assigned to cost of goods sold if Brocken uses average-cost is?

Select one alternative:

• 52,560
• 50,883
• 51,186
• 50,700