Koontz Company uses the perpetual inventory method. On January 1, Year 1, the companys first day of operations, Koontz purchased 452 units of inventory that cost $7.50 each. On January 10, Year 1, the company purchased an additional 678 units of inventory that cost $9.00 each. If Koontz uses a weighted average cost flow method and sells 550 units of inventory, the amount of inventory appearing on balance sheet following the sale will be approximately:

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Multiple Choice

• $5,882.

• $4,688.

• $4,872.

• $4,172.