Full of Sheets Inc. provided the following inventory information for the month of July. July 1 Beginning inventory 20 units at $19 $ 380 7 Purchases 70 units at $20 1,400 22 Purchases 10 units at $22 220 $2,000 65 units were sold in July. Using the Average Cost method, the value of ending inventory is:

$711.67.

$1,300.

$1,321.67.

$700.