A company begins operations on June 1 and uses a perpetual inventory system. During June, the company had the following purchases and sales for its only product: Purchases Date Units Unit Cost Sale's (Units) June 1 4 $2,000 5 2 9 9 $2,600 16 3 Using the weighted average cost formula, the balance in ending inventory on June 30 is Select one: Oa. $10,600 O b. $19,927 Oc. $14,538 Od. $19,323