Your company manufactures plastic pails and uses raw liquid plastic in bulk form $($which it stores in a single large tank$)$ to make the pails. On December $31,2019$ the tank held $400$ gallons of liquid plastic valued at $$18,000.$ On January $28,2020$ it bought $11,000$ gallons of raw liquid plastic for $$300,000,$ and on September $12,2020$ it bought a further $12,000$ gallons for $$508,000.$ Note: all of these $2020$ deliveries were stored in the aforementioned tank, and the company uses average costs to value inventory. On December $31$st$,2020$ there remained $11,027$ gallons of raw liquid plastic left over in the tank. Given the above information what is the cost of raw liquid plastic that should be charged to the $2020($Jan to Dec$)$ Income Statement?

$$436,637$

$$392,007$

$$115,376$

$$436767$