Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of $31,500. During the month, Open Space purchased and sold merchandise on account as follows (Round unit costs to two decimal places and total costs to nearest dollar): June 7Purchase 25 sofas @ $750 each 14Sale 30 sofas @ 1,150 each 18Purchase 50 sofas @ $775 each 35 sofas @ $1,200 each 27Sale Using the weighted average inventory costing method, determine the company's closing inventory (Round unit costs to two decimal places and total costs to nearest dollar) $42,500 Ob $46,500 . $48,208