Your company manufactures chocolate bars and uses raw liquid chocolate in bulk form $($which it stores in a single large heated tank$)$ to make the bars. On December $31,2019$ the tank held $300$ gallons of raw liquid chocolate valued at $$19,000.$ On January $28,2020$ it bought $10,000$ gallons of raw liquid chocolate for $$300,000,$ and on September $12,2020$ it bought a further $22,000$ gallons for. $$408,000.$ Note: all of these $2020$ deliveries were stored in the aforementioned heated tank, and the company uses average costs to value inventory. On December $31$st$,2020$ there remained $9,000$ gallons of raw liquid chocolate left over in the heated tank & the market price for raw liquid chocolate was $$30$ per gallon. Given the above information what is the value of the remaining raw liquid chocolate at the end of $2020$ to be recorded on the Balance Sheet as inventory?

$$202,590$

$$276,534$

$$270,000$

$$270,093$