Stubbs Company uses the perpetual inventory method and the weighted-average cost flow method. On January 1, Year 2, Stubbs purchased 850 units of inventory that cost $6.50 each. On January 10, Year 2, the company purchased an additional 600 units of inventory that cost $4.50 each. If the company sells 1,300 units of inventory for $13 each, what is the amount of gross margin reported on the income statement? (Round your intermediate calculations to two decimal places.): Multiple Choice $11,900 $9,529 U $13.600 o $9,072