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The following information was available from the inventory records of Waterway Industries for January Units Unit Cost Total Cost Balance at January 1 9100 $9.73

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The following information was available from the inventory records of Waterway Industries for January Units Unit Cost Total Cost Balance at January 1 9100 $9.73 $88543 Purchases: January 6 6000 10.23 61380 January 26 8200 10.73 87986 Sales January 7 January 31 Balance at January 31 (7700) (11000) 4600 Assuming that Waterway does not maintain perpetual inventory records, what should be the inventory at January 31, using the weighted-average Inventory method, rounded to the nearest dollar? 547609 547998 $46971. $47076

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