The following inventory transactions took place for Oriole Corporation for the month of May: Cost/ Selling Price $3.40 Date Quantity 2,010 5,180 3.60 4,040 3.70 Event beginning inventory purchase purchase sale sale purchase purchase sale 5,760 May 1 May 5 May 10 May 15 May 20 May 22 May 24 May 25 6.30 6.30 3.90 2,040 3,890 2,040 5,980 3.90 6.30 Calculate the ending inventory balance for Oriole Corporation, assuming the company uses a periodic inventory system and the weighted average cost formula. (Round average unit costs to 2 decimal places, e.g. 52.75 and final answer to 0 decimal places, eg. 5,275.) $ Ending inventory