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Koontz Company uses the perpetual inventory method and the weighted average method. On January 1 Yeart, the company's first day of operations, Koontz purchased 400

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Koontz Company uses the perpetual inventory method and the weighted average method. On January 1 Yeart, the company's first day of operations, Koontz purchased 400 units of inventory that cost $7.50 each. On January 10, Year 1, the company purchased an additional 600 units of Inventory that cost $9.00 each. If the company sells 550 units of inventory, what is the amount of inventory that would appear on the balance sheet Immediately following the sale? $3,780 $4,738 $3.080 $3,713

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