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Jacob, Inc. had the following balances and transactions during 2019: Beginning Merchandise Inventory 10 units at $95 March 10 Sold 8 units June 10 Purchased

Jacob, Inc. had the following balances and transactions during 2019:

Beginning Merchandise Inventory

10

units at $95

March 10

Sold

8

units

June 10

Purchased

20

units at $91

October 30

Sold

14

units

What is the amount of the company's ending Merchandise Inventory, as disclosed in the December 31, 2019 balance sheet, using the periodic

weightedaverage

inventory costing method? (Round the unit costs to two decimal places and total costs to the nearest dollar.)

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