ABC Corporation has the following inventory information for March, 2019:

		Units		$Unit cost		$ Total Cost
Beg. Inv.		2,500		10.50		26,250
Purchase 1		3,200		10.75		34,400
Purchase 2		2,700		11.00		29,700
Purchase 3		2,000		11.25		22,500
Total		10,400				112,850

On March 31, ABC has 2,800 units in ending inventory. Using the periodic FIFO (first-in, first-out) method, what is cost of goods sold (COGS) for March?

	a.	$83,450
	b.	$83,375
	c.	$81,350
	d.	$81,550