A corporation has provided the following information about one of its products: 
During the year, 510 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:
Straight-line Method
A method of calculating depreciation for an asset that spreads the cost evenly over its useful life.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded for an asset over its useful life, reducing its book value.
Salvage Value
The estimated residual value of an asset at the end of its useful life, reflecting what it could be sold for or scrapped for parts.
Journal Entries
Journal entries are the basic means of recording financial transactions in the accounting system, consisting of debits and credits.
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