Multiple Choice Question 106

Transactions for the month of June were:

Purchases					Sales
June 1		(balance) 3210 @	$3.10		June 2		2410 @	$5.30
3		8880 @	3.00		6		6350 @	5.30
7		4890 @	3.20		9		4000 @	5.30
15		7250 @	3.30		10		1510 @	5
22		2020 @	3.40		18		5520 @	5
					25		780 @	5

Assuming that periodic inventory records are kept in units only, the ending inventory on an average-cost basis, rounded to the nearest dollar, is