At May $1,2020,$ Sheffield Company had beginning inventory consisting of $210$ units with a unit cost of $$6\mathrm{.}50.$ During May, the company

purchased inventory as follows:

$760$ units at $$6\mathrm{.}50$

$530$ units at $$8\mathrm{.}00$

The company sold $1000$ units during the month for $$12$ per unit. Sheffield uses the average$-$cost method. Using three decimals for the

unit cost, the value of Sheffield's inventory at May $31,2020$ is

$$8030.$

$$3515.$

$$4553.$

$$5553.$