The following information was available from the inventory records of Rapid Grand Company for January:

Units Unit Cost Total Cost

Balance at January 1 3,000 $9.77 $29,310

Purchases:

January 6 2,000 10.30 20,600 January 26 2,700 10.71 28,917

Sales:

January 7 (2,500)

January 31 (4,300)

Balance at January 31 900

Assuming that Rapid Grand maintains periodic inventory records, what should be the inventory at January 31, using the weighted-average inventory method, rounded to the nearest dollar?

Select one:

a.

$9,454.

b.

$9,214.

c.

$9,234.

d.

$9,324.