A company's inventory records indicate the following data for the month of January: Date Activities January 1 Beginning inventory January 8 Purchase Units Acquired at Cost 360 units @ $18 = $6,480 340 units @ $20 = $6,800 January 12 January 17 Sale Purchase 400 units @ $22 = $8,800 Units Sold at Retail January 23 January 28 Sale Purchase 460 units @ $24 = $11,040 If the company uses the LIFO perpetual inventory system, what is the value of cost of goods sold? Multiple Choice $17,680. $18,080. 600 units @ $70 300 units @ $70