Monty Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sales of Gizmo for the month of March Monty Company uses the periodic inventory system. Purchases Sales Units Unit Cost Units Selling Price/Unit 3/1 Beginning inventory 102 $40 3/3 Purchase 59 $50 3/4 Sales 59 $90 3/10 Purchase 204 $55 3/16 Sales $100 $100 3/19 Sales 3125 Sales $100 3/30 Purchase 43 $60 Using the weighted average method calculate the amount assigned to the inventory on hand on March 31 (Cl)