17. Suppose that Sunland has the following inventory data:

Nov. 1		Inventory		10 units @ $7 each
8		Purchase		100 units @ $7.45 each
17		Purchase		60 units @ $7.30 each
25		Purchase		80 units @ $7.60 each

The company uses a periodic inventory system. A physical count of merchandise inventory on November 30 reveals that there are 90 units on hand. Cost of goods sold under FIFO is

$1180.

$1419.

$681.

$666.