Sheridan Company uses the periodic inventory system. For the current month, the beginning inventory consisted of 476 units that cost $61 each. During the month, the company made two purchases: 718 units at $64 each and 356 units at $66 each. Sheridan Company also sold 1204 units during the month. Using the average cost method, what is the amount of ending inventory? (Round average cost per unit to 2 decimal places, e.g. 21.48.) Select answer from the options below $76502. $75648. $21985. $22836