The following information was available from the inventory records of Queen Company for July Units Unit Cost Total Cost Balance at July 1 30,000 2.25 67,500 Purchases July 6 20,000 2.55 51,000 July 26 27,000 2.60 70,200 Sales (25,000) July 31 (40,000) Balance at July 31 12.000 What should be the inventory reported on Queen's July 31 statement of financial position using the average-cost inventory method (round per unit amounts to two decimal places)? a 31.500 O b. 27,000 oc. 29,610 Od 29,400