Chrome File Edit View ory Bookmarks People Window Help Help Save & Exit Submit Quit 2 ch 5A-8 Koontz Company uses the perpetual inventory method. On January 1, Year 1, the company's first day of operations, Koontz purchased 1,050 units of inventory that cost $5.10 each. On January 10, Year t the company purchased an additional 1,300 units of inventory that cost $6.90 each. If Koontz uses a weighted average cost flow method and sells 1,200 units of inventory, the amount of inventory appearing on balance sheet following the sale willbe approximately: (Round your intermediate calculations to one decimal place.) Multiple Choice $7,320. $7,015 $5,865 $8.280 MacBook Pro 1 2 3 45 6 8