The following Information was available from the inventory records of Waterway Company for January: Units Unit Cost Total Cost Balance at January 1 8800 $9.80 $86240 Purchases: January 6 5800 10.22 59276 January 26 8000 10.76 86080 Sales January 7 (7700) January 31 (11000) Balance at January 31 3900 Assuming that Waterway maintains perpetual inventory records, what should be the inventory at January 31, using the moving- average inventory method? (Round average cost per unit to 3 decimal places, e.g. 1.485.) $40533. $40655. Q$40054. $39965. K