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The following information was available from the inventory records of Coronado Industries for January: Units...

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Accounting

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The following information was available from the inventory records of Coronado Industries for January: Units Unit Cost Total Cost Balance at January 1 8900 $9.80 $87220 Purchases: January 6 6500 10.20 66300 January 26 8000 10.66 85280 Sales January 7 (7500) January 31 (11100) Balance at January 31 4800 Assuming that Coronado maintains perpetual inventory records, what should be the inventory at January 31, using the moving-average inventory method, rounded to the nearest dollar? (Round average cost per unit to 3 decimal places, e.g. 1.485.)

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