Given the following data,calculate the cost of ending inventory using the average cost method.Round all calculations to the nearest two decimal places. 
Definitions:
Money Income
The total amount of money earned or received by an individual or household from various sources before deductions such as taxes.
Noncash Gift-Giving
The act of giving gifts that are not in the form of money or monetary value, often personal or symbolic.
Marginal Utility
The increased utility or satisfaction derived by a buyer from the consumption of one extra unit of a good or service.
Income Effect
The fluctuation in income for either an individual or the economy and its influence on the demand levels for certain goods or services.
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