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Inventory records for Sport Company revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning inventory 5 0 0 $ 2 .

Inventory records for Sport Company revealed the following:
Date Transaction Number of Units Unit Cost
Apr. 1 Beginning inventory 500 $2.40
Apr. 20 Purchase 4002.50
The company sold 700 units of inventory during the month. Ending inventory assuming weighted-average cost would be (round weighted-average unit cost to four decimals and final answer to the nearest whole dollar):
A:502
B:490
C:480
D:489

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