Multiple Choice Question 99 The following information was available from the inventory records of Sheffield Corp. for January Units 9000 Unit Cost Total Cost $8,70 78300 Balance at January 1 Purchases: January 6 January 26 6000 3000 10.30 10.70 1000 5600 Sales January 7 January 31 Balance at January 31 (6000) (12000) 5000 Assuming that Shemeid maintains perpetual inventory records, what should be the inventory at January 31, using the moving average inventory method, rounded to the nearest dollar? $49179. $52522 $49064 $49900 SHOW SOLUTION Question Attemptsio of 1 used SAVE FOR LATER IT