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A company had the following purchases and sales during its first year of operations: January: Purchased: 1 0 units at $ 1 2 0 Sales:

A company had the following purchases and sales during its first year of operations:
January:
Purchased: 10 units at $120
Sales: 6 units
February:
Purchase: 20 units at $125
Sales: 5 units
May:
Purchased: 15 units at $130
Sales: 9 units
September:
Purchased: 12 units at $135
Sales: 8 units
November:
Purchased: 10 units at $140
Sales: 13 units
On December 31, there were 26 units remaining in ending inventory. Using the periodic LIFO inventory costing method, what is the value of cost of goods sold? (Assume all sales were made on the last day of the month.)
Group of answer choices
$8,670.
$5,400.
$5,470.
$3,200.
$5,130.

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