Aiello, Inc. had the following inventory in its fiscal year. The company uses the LIFO method of accounting for inventory.

Beginning Inventory, January 1: 195 units @ $15.00

Purchase 300 units @ $18.00

Purchase 75 units @ $13.50

Purchase 165 units @ $15.75

Ending Inventory, December 31: 180 units

The companys cost of goods sold for its fiscal year is:

Select one:

a. $7,958.63

b. $9,236.25

c. None of these are correct.

d. $2,700.00

e. $9,135.00