Novak has the following inventory data:

July 1		Beginning inventory		37 units at $73
5		Purchases		220 units at $68
14		Sale		146 units
21		Purchases		110 units at $71
30		Sale		102 units

Assuming that a perpetual inventory system is used, what is ending inventory (rounded) under the average cost method for July? (Round intermediate calculations to 3 decimal places, e.g. 12.531.)

$7625

$8357

$8313

$8381