The information below is for Agents Pty. Ltd., which uses the periodic inventory system:

Details	Date	Values	Cost
Opening inventory	1/7/17	100 units @ $7.50	$750
Purchase	4/7/17	600 units @ $7.75	$4,650
Purchase	16/7/17	300 units @ $8.00	$2,400
Purchase	27/7/17	400 units @ $8.50	$3,400
Total		1,400 units	$11,200
Sale	6/7/17	160 units
Sale	12/7/17	180 units
Sale	19/7/17	160 units
Sale	22/7/17	120 units
Sale	29/7/17	180 units
Total		800 units
Closing inventory per stocktake		600 units

The value of closing inventory using the Weighted Average method is:

Select one:

a. $11,200

b. $4,800

c. $10,450

d. $5,100