Chase Co. uses the perpetual inventory method. The inventory records for Chase reflected the following Jan 1 Beginning inventory Jan 12 Purchase Jan 18 Sales Jan 21 Purchase Jan 25 Purchase Jan 31 Sales 1, 200 units @ $4.10 1,300 units @ $3.90 1,400 units @ $5.60 1,200 units @$4.20 1,000 units @ $4.00 1,350 units @ $5.60 Assuming Chase uses a FIFO cost flow method, the ending inventory on January 31 is