The following inventory transactions took place for Ivanhoe Corporation for the month of May: \begin{tabular}{cccc} Date & \multicolumn{1}{c}{ Event } & Cost/SellingPrice \\ May 1 & beginning inventory & 2,030 & $3.30 \\ May 5 & purchase & Quantity & 3.50 \\ May 10 & purchase & 5,200 & 3.60 \\ May 15 & sale & 4,060 & 6.20 \\ May 20 & sale & 5,730 & 6.20 \\ May 22 & purchase & 2,050 & 3.80 \\ May 24 & purchase & 3,880 & 3.80 \\ May 25 & sale & 2,060 & 6.20 \end{tabular} Calculate the ending inventory balance for ivanhoe Corporation, assuming the company uses a periodic inventory system and the weighted average cost formula. (Round average unit costs to 2 decimal places, e. .52 .75 and final answer to 0 decimal places, e. 5.275 ) Ending inventory