what is the ending balance of inventory at 31/3

19. Chng Company uses the weighted average method of inventory accounting (perpetual method) and follows the net method for all purchase discounts. The company started the year with 100 units in inventory, and an opening inventory balance of $3,000. The following table shows purchases in the first 3 months of the year. FOB Credit Terms Arrival Date (d/m) Number of units Price per unit in SS Shipping Payment cost in Date (d/m) SS Invoice / Shipping Date (d/m) 1/1 14/2 302 Shipping Destination Destination 4/12,n/35 3/9,n/30 2/10,n/25 11/1 21/2 12/3 100 99 34 36 312 10/3 26/2 7/3 3/3 101 37 313 There are no purchase returns in the first quarter. The following table shows sales in the first three months of the year. ce FOB Credit Terms Arrival Date (d/m) Number of units Price per unit in SS Shipping Payment cost in Date SS (d/m) Invoice / Shipping Date (d/m) 23/1 22/2 22/3 23/1 Shipping Destination Shipping 1/6,n/60 1/4.n/60 1/5,n/30 4/2 2/3 1/4 86 88 89 44 46 45 208 204 210 23/3 2/4 20/4 On 6/2, 12 units are returned from the sales batch shipped on 23/1