30 units valued at $2 each Opening balance 5 August 10 August 18 August 23 August Your organisation uses the continuous weighted average cost Purchase of 50 units at $2.40 each method of valuing inventories. During August 20X1, the following inventory details were recorded (shown in the picture) Issue of 40 units Purchase of 60 units at $2.50 each Issue of 25 units What is the value of the inventory balance at 31 August 20X1? 1 2 4 $172.50 $176.25 $180.00 $187.50