Southern Industries had 411 dining sets in stock at the end of the year. Inventory records show the following information: Date Qty Cost Total Cost January 1 Beginning Inventory 50 $1,350 $67,500 April 13 Purchase 300 1,326 397,800 May 2 Purchase 300 1,218 365,400 September 7 Purchase 250 1,302 325,500 November 18 Purchase 500 1,206 603,000 Total available for sale 1,400 $1,759,200 Using the average cost method of inventory pricing, calculate the dollar value of the ending inventory. (Round your answer to the nearest cent.) $ 1.256.57