16. Nick's Place recorded the following data: Total Units Unit Purchased Sold On Hand Cost Date 1/1 Inventory 1/8 Purchased 1/12 Sold $2.50 3.00 600 1,600 400 1,000 1,200 -The weighted average unit cost of the inventory at January 31 is: A) $2.75. B) $3.400. C) $2.50. (D)/$2.81