RJ Corporation has provided the following information about one of its inventory items: Date Transaction Number of Units Cost per Unit 1/1 Beginning Inventory 450 $3,250 6/6 Purchase 775 $3,650 9/10 Purchase 1,250 $4,050 11/15 Purchase 775 $4,250 During the year, RJ sold 2,950 units. What was ending inventory using the average cost flow assumption under a periodic inventory system? (Do not round intermediate calculations.) $975,000. $1,167,462. $1,350,000. $1,275,000.