A company has provided the following information about one of its products: Number of Cost per Date 1/1 Transaction Units Unit Beginning Inventory 250 $150 6/5 11/10 Purchase 450 $170 Purchase 150 $210 During the year, the company sold 500 units. What is cost of goods sold using the average cost method? (Do not round intermediate computations.) Multiple Choice $65,500. $67,500. $85,588. $87,588.