During July, the equivalent units of direct materials added to the product worked on by Department A amounted to a total of 80,000 applied as follows: beginning inventory, 20,000 units; units started and completed in July, 49,000 units; and ending inventory, 11,000 units. Assuming that the cost of direct materials requisitioned by the department in July was $280,000; the amount of the materials cost to be assigned to the ending inventory would be: (Do not round intermediate calculations.)

$70,000.

$114,286.

$38,500.

$62,857.