3. Aiello, Inc. had the following inventory in fiscal 2016. The company uses the FIFO method of accounting for inventory.

Beginning Inventory, January 1, 2016: 130 units @ $15.00

Purchase 200 units @ $18.00

Purchase 50 units @ $13.50

Purchase 110 units @ $15.75

Ending Inventory, December 31, 2016: 120 units

The company's cost of goods sold for fiscal 2016 is:

Select one:

A.$6,090.00

B.$6,045.00

C.$6,157.50

D.$5,305.75

E.None of the above