Maxim Corp. has provided the following information about one of its products:

Date	Transaction	Number of Units				Cost per Unit
1/1	Beginning Inventory		290			$	158
6/5	Purchase		490			$	178
11/10	Purchase		190			$	218

During the year, Maxim sold 580 units.

What is ending inventory using the average cost method? (Do not round intermediate computations.)

$87,220.

$72,144.

$70,144.

$85,220.