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In 2020, the BowWow Company purchased 15,022 units from its supplier at a cost of $12.80 per unit. BowWow sold 19,372 units of its product
In 2020, the BowWow Company purchased 15,022 units from its supplier at a cost of $12.80 per unit. BowWow sold 19,372 units of its product in 2020 at a price of $22.51 per unit. BowWow began 2020 with $949,795 in inventory (inventory is carried at a cost of $12.80 per unit). Using this information, compute BowWow's 2020 ending inventory balance (in dollars).
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