Desert Company has a beginning balance in inventory of 400 units at $4.20 per unit. A record of transactions for the month of May was as follows:

Purchases				Sales
May	#	Cost		May	#	Price
4	1,300	$4.10		3	200	$7.00
8	800	$4.30		6	1,000	$7.00
14	700	$4.40		12	900	$7.50
22	1,200	$4.50		18	400	$7.50
29	500	$4.55		25	1,400	$8.00

Calculate Ending Inventory in dollars using an Average Cost Periodic inventory costing system. Round to the nearest dollar.