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Koontz Company uses the perpetual inventory method On January 1 Year 1, the company's first day of operations, Koontz purchased 600 units of inventory that

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Koontz Company uses the perpetual inventory method On January 1 Year 1, the company's first day of operations, Koontz purchased 600 units of inventory that cost $3 30 eachOn January 10. Year 1, the company purchased an additional 850 units of inventory that cost $420 each. If Koontz uses a weighted average cost flow method and sells 750 units of inventory, the amount of inventory appearing on balance sheet following the sale will be approximately: (Round your intermediate calculations to one decimal place.)

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