Consider the following information:

	Units	Cost per unit	Total costs
Goods in inventory at start of year	1,600	$1.92	$3,072
Purchases, quarter 1	800	$1.40	$1,120
Purchases, quarter 2	1,000	$1.60	$1,600
Purchases, quarter 3	1,200	$1.80	$2,160
Purchases, quarter 4	800	$2.00	$1,600
	5,400		$9,552

Goods sold during the year: 3000 units

Using the weighted-average-cost method, the value of ending inventory is:

Select one:

a. $4,400.

b. $4,192.

c. $4,245.

d. $5,040.

e. None of the above answers is correct.