The following units of an inventory item were available for sale during the year:

Beginning inventory	11 units at $49
First purchase	16 units at $51
Second purchase	26 units at $22
Third purchase	15 units at $64

The firm uses the periodic inventory system. During the year, 27 units of the item were sold.

The value of ending inventory rounded to nearest dollar using average cost is: (Round average cost per unit to three decimal place.)

$1,355

$1,224

$1,741

$1,323