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In 2010, the BowWow Company purchased 18,220 units from its supplier at a cost of $ 13.73 per unit. BowWow sold 14,743 units of its
In 2010, the BowWow Company purchased 18,220 units from its supplier at a cost of $ 13.73 per unit. BowWow sold 14,743 units of its product in 2010 at a price of $ 20.16 per unit. BowWow began 2010 with $ 934,393 in inventory (inventory is carried at a cost of $ 13.73 per unit). Using this information, compute BowWow's 2010 ending inventory balance (in dollars).
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