Sheffield, Inc. makes and sells a single product, buckets. It takes 30 ounces of plastic to make one bucket. Budgeted production of buckets for the next three months is as follows: August 89000 units, September 79000 units, October 65000 units. The company wants to maintain monthly ending inventories of plastic equal to 10% of the following month's production needs. On August 31 , 196000 ounces of plastic were on hand. The cost of plastic is $0.02 per ounce. How much is the ending inventory of plastic to be reported on the company's balance sheet at September 30? $4740$195000$3900$7900