The following information was available from the inventory records of Costa Rica Company for January:

Balance at January 1	Units 6,500	Unit Cost $7.50	Total Cost $48,750
Purchases: January 6	5,500	7.96	43,780
January 26	4,750	8.26	39,235
Sales: January 7	(4,620)
January 31	(8,600)
Balance at January 31	3,530

Assuming that Costa Rica maintains perpetual inventory records, what should be the inventory at January 31, using the moving-average inventory method, rounded to the nearest dollar?