Anton Co. uses the perpetual inventory method. Anton purchased 600 units of inventory that cost $7 each. At a later date the company purchased an additional 750 units of inventory that cost $9 each. If Anton uses the FIFO cost flow method and sells 950 units of inventory, the amount of cost of goods sold will be:

Multiple Choice

• $8,500.
• $6,650.
• $8,550.
• $7,350.