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	$1,290	$64,500
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		$1,756,200

Using the average cost method of inventory pricing, calculate the dollar value of the ending inventory. (Round your answer to the nearest cent.)

$