Orange-Aide Company has the following inventory dala July 1Beginning inventory 40 units at $20 800 7 Purchases 140 units at $21 2,940 Purchases 20 units at $22 440 $4,180 A physical count of merchandise inventory on July 30 reveals that there are 50 units on hand. Using the average cost method, the value of ending inventory is Select one: O a $1070 O b. $1,045 O C. $1,050 O d. $1,100 O e. cannot be determined