The following information is available from the inventory records of columbia hoodies company for January:

	Units	Unit Cost	Total Cost
Balance at Jan 1	3,000	$9.77	$29,310
Purchases:
Jan 6	2,000	$10.30	$20,600
Jan 26	2,700	$10.71	$28,917
Sales:
Jan 7	(2,500)	$14.00	$35,000
Jan 31	(4,000)	$14.00	$56,000

All sales are made at 14.00 unit price.

Q: Compute the ending inventory on Jan 31 using perpetual moving-average cost.

A: I have Ending Inventory at 1,200 units with a value of $12,284.73, is this correct?