PRP Technologies has an inventory of computer monitors. On March 31st, the last day of the month, PRP had 165 flat panel monitors in stock. What is the value of the ending inventory for March using the average-cost valuation method? Round up to the nearest dollar.

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1. PRP Technologies has an inventory of computer monitors. On March 31st, the last day of the month, PRP had 165 flat panel monitors in stock. What is the value of the ending inventory for March using the average-cost valuation method? Round up to the nearest dollar.