Koontz Company uses the perpetual inventory method. On January 1, Year 1, the companys rst day of operations, Koontz purchased 464 units of inventory that cost $7.50 each. On January 10, Year 1, the company purchased an additional 696 units of inventory that cost $9.00 each. If Koontz uses a weighted average cost ow method and sells 550 units of inventory, the amount of inventory appearing on balance sheet following the sale will be approximately:

$5,124.

$4,424.

$4,913.

$6,146.