Question 2 1 pts Louis Vitton uses the weighted average inventory costing method the company's beginning inventory consisted of 2,200 units that cost $16.70 each. Purchases were made throughout the year as follows: March: 1,600 units purchased at $12.60 per unit July: 3,100 units purchased at $18.10 per unit September: 1,200 units purchased at $17.30 per unit November: 2,400 units purchased at $19.60 per unit During the year, 5,000 units were sold to customers at a selling price of $22.00 each. Operating expenses for the year amounted to $13,900 and the income tax rate was 35% Calculate the dollar amount of Louis Vitton's ending inventory