#1 Suppose that David had the following transactions for his business inventory of widgets (purchase prices below) Widget Purchase Date Direct Cost Other Costs Total Cost August 15 $ 2,100 $ 100 $ 2,200 #2 October 30 $ 2,200 $ 150 $ 2350 #3 November 10 $ 1.900 $ 100 $ 2,000 In late December, David sold widget #2 What cost of goods sold would David record if he elects to use the LIFO method this year