A corporation has provided the following information about one of their products: Date Transaction Number of Units Cost per Unit 1/1 Beginning inventory 200 $140 6/5 Purchase 400 $160 11/10 Purchase 100 $200 During the year, 400 units were sold. What is cost of goods sold using the average cost method? O $48,000 $64,000 O $50,000 $66,667 None of the above