periodic method.

A Company values its invetory using the AVCO method. It started trading on 1 January 2017 with no inventory. The following transaction took place in January 2 January 3 January 4 January 10 January Bought Sold Sold Bought Sold 20 items @ $20 each 10 items @500$ 5 items @250$ 20 items @ $24 each 15 Items @ 800$ 10 items @ $25 each 15 January 21 January Bought What is the value of closing stock on 31 January, using AVCO on these continuous accounting records