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Rosen's Department Store had 410 big-screen TVs in stock at the end of the year. Inventory records show the following information. DATE QUANTITY COST TOTAL

Rosen's Department Store had 410 big-screen TVs in stock at the end of the year. Inventory records show the following information.

DATEQUANTITYCOSTTOTAL
January 1Beginning Inventory350$2,610$ 913,500
July 8Purchase502,400120,000
August 3Purchase1502,880432,000
October 15Purchase4503,2101,444,500
November 18Purchase503,300165,000
Total available for sale1,050$3,075,000

Using the FIFO method of inventory pricing, calculate the dollar value of the ending inventory.

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