At February 1, 2020, Magenta Company had beginning inventory consisting of 200 units with a unit cost of $8. During February, the company purchased inventory as follows: 400 units at $10 600 units at $12 The company sold 1,000 units during the month for $14 per unit. Magenta uses the average cost method. The value of Magenta's inventory at February 28, 2020 is (rounded) a. $1,600.66 b. $1,750.66 c. $2,133.33 d. $2,400.00