London Company had a beginning inventory of 160 units at \(\$ 24\) (total \(=\$ 3,840\) ) and the following inventory transactions during 1998:

1. January 8 , sold 40 units.

2. January 11 , purchased 80 units at \(\$ 30.00\).

3. January 15 , purchased 80 units at \(\$ 32.00\).

4. January 22 , sold 80 units.

Using the preceding information, price the ending inventory at its weighted-average cost, assuming perpetual inventory procedure