A company's inventory records report the following in November of the current year: Date November 1 Activities Beginning inventory November 2 Purchase November 8 Sales November 12 Purchase Units Acquired at Cost 5 units @ $24 = $120 10 units @ $26 = $260 6 units @ $29 = $174 Units Sold at Retail 12 units @ $58 Using the LIFO perpetual inventory method, what was the amount recorded in the cost of goods sold account for the 12 units sold