Pi-Rate Company has a fiscal year end on December 31. The company has only one product in inventory, and all units of that product are identical (homogenous). Calculate the value of inventory after each transaction. Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. Round all unit costs to 2 decimal places as well. Date Purchases Sales Balance Quantity Cost Quantity Cost Quantity Cost Value Jan 16 100 $16.00 $Answer 1600 Feb 23 38 $17.00 138 $16.28 $Answer 2246.64 Mar 16 11 $19.00 149 $16.48 $Answer 2455.52 Apr 6 30 $16.48 119 $16.48 $Answer 1961.12 Jul 15 11 $21.00 130 $16.86 $Answer 2191.80 Sep 15 14 $16.86 116 $16.86 $Answer 1955.76 Nov 29 20 $16.86 96 $16.86 $Answer 1618.56 Required The company uses the weighted-average cost method for inventory valuation under the perpetual inventory system. Calculate the cost of goods sold. Cost of Goods Sold = $Answer 1067.64