The following information was available from the inventory records of Concord Company for January: Units Unit Cost Total Cost Balance at January 1 9200 $9.73 $89516 Purchases: January 6 6000 10.26 61560 A January 26 8200 10.66 87412 Sales January 7 (7400) January 31 (11000) Balance at January 31 5000 Assuming that Concord 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, eg. 1.485)