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Use the following information for questions 1 2 and 1 3 the following information was available from the inventory records of rich company for January

Use the following information for questions 12 and 13 the following information was available from the inventory records of rich company for January balance at January one 3000 units unit cost $9.77 total cost 29,310 purchases January 6,2000 unit cost $10.30 total cost 20,600 January 262700 unit cost $10.71 total cost 28,917 sales January 7,2500 January 31,4000 balance and January 311200 assuming that Rich uses periodic inventory what should be the inventory at January 31 using the weighted average inventory method rounded to the nearest dollar?

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