Pharoah Company sells many products. Hackenberry is one of its popular items. Below is an analysis of the inventory purchases and sales of Hackenberry for the month of March. Pharoah Company uses the periodic inventory system. Purchases Sales Units Unit Cost Units Selling Price/Unit 3/1 Beginning inventory 100 $62 3/3 Purchase 60 $72 3/4 Sales 70 $124 3/10 Purchase 200 $77 3/16 Sales 3/19 Sales 40 %%% 80 $134 60 $134 $134 3/25 Sales 3/30 Purchase 40 $87 Using the average-cost method, calculate the amount assigned to the inventory on hand on March 31. (Round weighted average unit cost to 2 decimal places, eg. 15.25 and answer to O decimal places, eg. 1,525.) Ending Inventory