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Southern Industries had 417 dining sets in stock at the end of the year. Inventory records show the following information: Date Qty Cost Total Cost

Southern Industries had 417 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 200 1,266 253,200
May 2 Purchase 200 1,218 243,600
September 7 Purchase 250 1,242 310,500
November 18 Purchase 400 1,266 506,400
Total available for sale 1,100 $1,378,200

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

$

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