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Splish Brothers inc has the following inventory data: 7/1 Beginning inventory 54 units at $20 $1,080 7/7 Purchases 190 units at $21 $3990 7/22 Purchases

Splish Brothers inc has the following inventory data:

7/1 Beginning inventory 54 units at $20 $1,080

7/7 Purchases 190 units at $21 $3990

7/22 Purchases 27 units at $22 $594

A physical count of merchandise inventory on July 30 reveals that there are 68 units at hand. Using the average cost method, the value of ending inventory is? please show work.

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