20 Hadley Bear, Inc. uses a periodic inventory system. At the end of the January 31, 2017, the accounting records for the most popular item in inventory showed the following: Transactions Units Beginning Inventory, Jan 1 Purchases January 10 Purchase, January 30 Unit Cost 350 $2 450 $5 200 $7 Hadley Bear sells the units for $20 each. At the end of the period, Hadley Bear has 360 units remaining in inventory. What is the cost of goods sold if Hadley Bear uses the LIFO method? 5 points