Koontz Company uses the perpetual inventory method and the weighted-average method. On January 1, Year 1, the company's first day of operations, Koontz purchased 420 units of inventory that cost $7.50 each. On January 10, Year 1, the company purchased an additional 630 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? Multiple Choice $3,500 $4,200 $4,088 $5,178