The inventory records for Radford Company reflected the following: 5 2 010230 Beginning inventory @ May 1 1,600 units @ $4.80 First purchase @ May 7 1,700 units @ $5.00 Second purchase @ May 17 1,900 units @ $5.10 Third purchase @ May 23 1,500 units @ $5.20 Sales @ May 31 5,100 units @ $6.70 What is the amount of gross margin assuming the weighted average inventory cost flow method? (Round your intermediate ca two decimal places.) Multiple Choice $8,517 O $25,620 SO MC Graw Multiple Choice $8,517 $26.520 $7,650 $18,360