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 January 26 8200 10.66 87412 Sales January 7 (7400) January 31 (11000) Balance at January 31 5000 A 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, es. 1.485)