Koontz company uses the perpetual inventory method. on january 1, year 1, the company’s first day of operations, koontz purchased 800 units of inventory that cost $4.10 each. on january 10, year 1, the company purchased an additional 1,050 units of inventory that cost $5.40 each. if koontz uses a weighted average cost flow method and sells 950 units of inventory, the amount of inventory appearing on balance sheet following the sale will be approximately: (round your intermediate calculations to one decimal place.)