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

Date	Transaction	Number of Units				Cost per Unit
1/1	Beginning Inventory		295			$	159
6/5	Purchase		495			$	179
11/10	Purchase		195			$	219

During the year, Maxim sold 590 units.

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

$71,467.

$73,467.

$86,605.

$88,605.