A company's inventory records indicate the following data for the month of January Units Sold at Retail Units Acquired at Cost 360 units @ $18= $6,480 340 units @ $20-$6,800 Date January 1 January 8 January 12 January 17 January 23 January 28 Activities Beginning inventory Purchase Sale Purchase Sale Purchase 500 units e$70 400 units @ $22 -58,800 300 units @ $70 460 units @ $24 = $11,040 If the company uses the UFO perpetua/inventory system, what is the value of cost of goods sold? Multiple Choice $17.680