A company had the following inventory activity during January:

		Units	Unit Cost	Total Cost
Beginning inventory		800	$10.00	$8,000
Purchase:	January 5	1,400	11	15,400
Sale:	January 8	(1,500)
Purchase:	January 13	900	10.5	9,450
Sales:	January 24	(900)

If the company is using a perpetual system and the weighted-average cost formula, what is the ending inventory closest to?

$8,470

$7,777

$7,560

$7,391