9. value: 3.70 points TB MC Qu. 7-45 Lauer Corporation uses the periodic inventory... Lauer Corporation uses the periodic inventory system and has provided the following information about one of its laptop computers: Date 1/1 5/5 8/10 10/15 Transaction Beginning Inventory Purchase Purchase Purchase Number of Units 270 370 470 285 Cost per Unit $ 970 $ 1,0701 $ 1,170 $1,220 During the year, Lauer sold 1,175 laptop computers. What was cost of goods sold using the FIFO cost flow assumption? O $1,342,000 0 $1,287,000 O $1,310,104 O $1,295,000