The following information was available from the inventory records of Coronado Industries for January:

Units Unit Cost Total Cost

Balance at January 1 9200 $9.79 $90068

Purchases:

January 6 6500 10.23 66495

January 26 8300 10.74 89142

Sales

January 7 (7400 )

January 31 (11200 )

Balance at January 31 5400

Assuming that Coronado does not maintain perpetual inventory records, what should be the inventory at January 31, using the weighted-average inventory method, rounded to the nearest dollar?

$55923.

$55409.

$56346.

$55285.