ABC applies a periodic inventory system. The following information related to its merchandise inventory during the month of October 2019 is available:

Oct. 1	Inventory on hand	3,000 units; cost 6,10 each
9	Purchase	10,000 units; cost 5,5 each
15	Sale	9,000 units; for 13,0 each
17	Purchase	7,000 units; cost 5,0 each
23	Sale	8,000 units; for 11,0 each
31	Inventory on hand	3,000 units

The inventory balance reported in ABCs October 2019 statement of financial position under the Weighted-average cost flow method, is:

Select one:

a. 16,245

b. 12,500

c. 18,300

d. 10,500

e. 17,500