MC Qu. 49 Koontz Company uses the perpetuar invemory Koontz Company uses the perpetaal inventory method On January 1, 2016, the company's frst day of operetions, Koontz purchesed 400 units of inventory that cost $750 each On January 10, 2016, the company purchased an additional 600 units of inventory that cost $9.00 eech If Koontz uses a weighted average cost flow method and sells 550 units of inventory, the amount of inventory appeaing on balance sheet following the sale wil be approximately O $3780 O $4738 O 13.080 O $3713 References