SS trading recorded the following data of purchases and sales for the month of December 2021. Date Purchases Sales Price Quantity Quantity Price per DEC per unit No. No. unit (RM) (RM) 1 3,000 2 5525 2,500 3.5 15 800 2.5 20 31 1000 3.5 200 4 Required: By applying the FIFO method, calculate the total (RM) inventory balance as at 31st December 2021 of SS trading. Note: only state the amount without 'RM' in answer box