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

• 41 units at $104 per unit
• 74 units at $88 per unit
• 171 units at $53 per unit

Sales for the year totaled 265 units, leaving 21 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

• A $2,184.

• B $1,163.

• C $1,457.

• D $1,113.