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Koontz Company uses the perpetual inventory method and the weighted-average method. On January 1 , Year 1 , the compony' first day of operations: Koont2

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Koontz Company uses the perpetual inventory method and the weighted-average method. On January 1 , Year 1 , the compony' first day of operations: Koont2 purchased 1,350 units of inventory that cost $6.30 each. On January 10. Year 1, the company purchased an additional 1,600 units of inventory that cost $8.70 each. If the company sells 1,500 units of inventory, what is the amount of inventory that would appear on the balance sheet immediately following the sale? (Round your intermediate calculations to two decimal places.) Multiple Choice $11.400 59,135 $13050 $11,920

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