A company uses the periodic inventory system and had the following activity during the current monthly period. Date Activities November 1 November 5 November 8 Beginning inventory Purchase Purchase Units Acquired at Cost 176 units @$20 = $3,520 138 units @$22 = $3,036 88 units @$23 = $2,024 Units Sold at Retail November 16 November 19 Sales 276 units @ $45 Purchase 88 units @ $25 = $2,200 Using the weighted-average inventory method, the company's ending inventory would be: