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A company's inventory records indicate the following data for the month of January: Date Activities Units Acquired at Cost Units Sold at Retail January 1

A company's inventory records indicate the following data for the month of January:

Date

Activities

Units Acquired at Cost

Units Sold at Retail

January 1

Beginning inventory

180 units @ $9 = $1,620

January 5

Purchase

170 units @ $10 = $1,700

January 9

Sale

300 units @ $35

January 14

Purchase

200 units @ $11 = $2,200

January 20

Sale

150 units @ $35

January 30

Purchase

230 units @ $12 = $2,760

If the company uses the LIFO perpetual inventory system, what is the amount of cost of goods sold for January?

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