Please look at the following information for Kelvin Inc. The company purchases its inventory from a supplier on account. All sales are also on account. Kelvin uses the average cost formula in a perpetual inventory system.

Date	Explanation	Units	Unit Cost / Unit Price
Jan 1	Beginning inventory	90	$182
5	Purchases	150	$170
8	Sales	(185)	$260
15	Purchases	50	$156

2. Determine the ending inventory (in $) for Kelvin Inc.