31) Cougar Company had the following balances and transactions during 2019: Beginning Merchandise Inventory 120 units at $80 March 10 Sold 60 units June 10 Purchased 240 units at $82 October 30 Sold 110 units What would be reported as Cost of Goods Sold on the income statement for the year ending December 31, 2019 if the perpetual inventory system and the weighted -average inventory costing method are used? (Round the unit costs to two decimal places and total costs to the nearest dollar.) A) $24,480 B) $13,776 C) $8976 D) $15,504