Bonita,Inc. makes and sells a single product, buckets. It takes30ounces of plastic to make one bucket. Budgeted production of buckets for the next three months is as follows: August93000units, September80000units, October60000units. The company wants to maintain monthly ending inventories of plastic equal to10% of the following month's production needs. On August 31,194000ounces of plastic were on hand. The cost of plastic is $0.04per gram. How much is the ending inventory of plastic to be reported on the company's balance sheet at September 30?

$9600

$8000

$7200

$180000