Pharoah has the following inventory data: July 1 5 14 Beginning inventory Purchases Sale Purchases Sale 37 units at $74 223 units at $69 149 units 112 units at $72 104 units 21 30 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, eg. 12.531.) $8476 $8432 $7744 $8500