Copy of Copy of

The units of an item available for sale during the year were as follows:

Jan 1 Inventory 14 units at 128 April 15 Purchase 138 units at 114 September 9 Purchase 21 units at 125.

There are 51 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost using the average cost method. (Round to nearest whole dollar)