Question 21 (1 point) Mellark Inc. uses the perpetual inventory system. The company had the following data for the month of November: Beginning Inventory as of Nov. 1st: 1,100 units at a cost of $8.25 each. Purchased on Nov. 4th: 600 units at a cost of $8.50 each. Sold on Nov. 12th: 725 units at a sales price of $10.50 each. Purchased on Nov. 20th: 300 units at a cost of $9.25 each. Using the moving average cost method, what is the dollar amount of ending inventory for the month of November? Round each of your calculations to 3 decimal places. a) $9,588.13 b) $10,904.95 c) $6,045.05 d) $10,805.63