ABC T-Shirt Shop uses a perpetual inventory system. Below are the inventory records for ABC for the month of July, July 1 5 14 21 30 Beginning inventory Purchases Sale Purchases Sale 30 units at $6.00 120 units at 56.60 80 units 60 units at $7.20 56 units Assume that ABC uses the LIFO method of inventory. Based on the information above, what is the amount of cost of goods sold for the month? A) $696.00 B) $472.80 OC) $1,404.00 D) $931.20