A company had the following purchases and sales during its first year of operations:

Purchases sales

January: 10 units at $120 6 units

February: 20 units at $125 5 units

May: 15 units at $130 9 units

September: 12 units at $135 8 units

November: 10 units at $140 13 units

On December 31, there were 26 units remaining in ending inventory. Using theperiodicLIFO inventory costing method, what is the value of cost of goods sold? (Assume all sales were made on the last day of the month.)

A.$8,670.

B.$5,400.

C.$5,470.

D.$3,200.

E.$5,130