A company uses the periodic inventory system and had the following activity during the current monthly period. November 1: November 5: November 8: November 16: November 19: Beginning inventory Purchased Purchased Sold Purchased 107 Units @ $10 107 Units @ $26 57 Units @ $25 154 Units @ $80 50 Units @ $20 Using the weighted average inventory method, the company's ending inventory would be: Multiple Choice O $3,266 $2.070 $3,495 $2.425 $1,070