A corporation has provided the following information about one of its products: 
During the year, 470 units were sold. What is ending inventory using the weighted average periodic inventory method? (Round the weighted average cost per unit to two decimal points; round the ending inventory to the nearest whole dollar.)
Definitions:
Income Statement
A financial statement showing a company's revenues, expenses, and profits over a specified period.
Balance Sheet
A summary that encapsulates a business's liabilities, assets, and shareholders' equity at a distinct date.
Worksheet
A paper or electronic document with rows and columns, used for organizing, calculating, and presenting financial information.
Depreciation Expense
An accounting method of allocating the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.
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