ABC Inc. sells socks. During February 2016, its inventory records for one brand of its socks were as follows:

	Quantity	Price per pair
Beginning Inventory	10 pairs	$20.00	= $200
February 6 Purchase	4 pairs	$25.00	= $100
February 10 Purchase	5 pairs	$27.40	= $137
February 15 Sale	7 pairs	N/A

See information above. Using this information, determine ending inventory under the weighted-average method.

Select one:

a. $276

b. $297

c. $252

d. $161