On August 1, Micro Encoders, Inc. had 120 units of a certain software package that cost $6 per unit. During August, the following purchases were made: August 7 15 21 60 units @ $9.00 per unit 80 units @ $12.00 per unit 140 units @ $10.50 per unit During August, 300 units were sold. If Micro Encoders uses the weighted average method, the cost of ending inventory would be $2,767.50 S922.50 S937.50 $2,812.20