Our company had the following balances and transactions during the current year related to merchandise inventory. Beginning merchandise inventory on January 1 120 units at $70 per unit Purchase on February 14 Sale on August 21 100 units at $85 per unit 150 units What would be the company's ending merchandise inventory in dollars on December 31 if the company used perpetual, weighted average (WA) costing method? $4,900 $12,000 O $11,523 $5,377