You are the merchandise manager at Best Buy. The following data represent your records of the annual inventory figures for a particular video game.
Best Buy  
January 1  Beginning Inventory  200 units @ $8.00  $1,600 
May 14  Purchase  100 units @ $8.50  850 
August 27  Purchase  250 units @ $9.00  2,250 
November 18  Purchase  300 units @ $8.75  2,625 
Video games available for sale 


Using the FIFO method of inventory pricing, what is the dollar value of ending inventory if 380 video games were on hand on December 31?
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