Koontz Company uses the perpetual inventory method. On January 1, year one, the company's first day of operations, Koontz Purchased 950 units of inventory and that cost $4.70 each. On January 10, year one, the company purchased an additional 1,200 units of inventory that cost $6.30 each. If Koontz uses a weighted average cost flow method and sells 1,100 units of inventory, the amount of inventory appearing on balance sheet following the cell will be approximately: (round your intermediate calculations to one decimal place.)

• $5,880
• $6,160
• $6,930
• $4,935