ABC Company employs a periodic inventory system and sells its inventory to customers for $28 per unit. ABC Company reported the following inventory information for the month of May: May 1 Beginning inventory 3,600 units @ \$14 cost per unit May 3 Purchased 2,800 units @ $11 cost per unit May 11 Sold 3,900 units May 16 Purchased 4,100 units @ $6 cost per unit May 19 Sold 2, 100 units May 22 Purchased 2,200 units @ $19 cost per unit May 26 Sold 1,900 units May 28 Purchased 3,300 units @ \$12 cost per unit ABC Company reported operating expenses of $34,000 for May and they had an income tax rate of 32%. Calculate the dollar amount of ending inventory shown on ABC Company's balance sheet at May 31 using the weighted average method