11. A company purchased 130 units for $30 each on January 31. It purchased 150 units for $35 each on February 28. It sold 150 units for $80 each from March 1 through December 31. If the company uses the first-in, first-out inventory costing method, what is the amount of Cost of Goods Sold on the income statement for the year ending December 31? (Assume that the company uses a perpetual inventory system.) A) $3,900 B) $5,250 C) $4,600 D) $9,150