Units				Unit Cost			Total Cost
Balance at January 1					9100				$9.74			$88634
	Purchases:
		January 6			6000				10.35			62100
		January 26			8300				10.73			89059
	Sales
		January 7			(7600	)
		January 31			(11200	)
Balance at January 31					4600

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

A. $47244.

B. $47725.

C. $48550.

Please, show the work. Thanks