Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases (listed in chronological order of acquisition):

• 42 units at $100 per unit
• 75 units at $73 per unit
• 171 units at $58 per unit

Sales for the year totaled 269 units, leaving 19 units on hand at the end of the year. Ending inventory using the average cost method is: (Do not round unit cost calculation. Round your final answer to the nearest whole dollar amount.)

Multiple Choice

• $1,293.

• $1,152.

• $1,900.

• $1,102.