Given the followingdata, calculate the cost of ending inventory using the weightedaverage method for a periodic inventorysystem, rounding to the nearest dollar.(Do not round in the process of yourcalculations, only round your finalanswer.)

1/1 Beginning inventory 50 units at$10 per unit

3/5 Purchases 30 units at$14 per unit

5/30 Purchases 25 units at$15 per unit

10/25 Purchases 20 units at$16 per unit

12/31 Ending inventory 45 units