Anton Company uses the perpetual inventory method. Anton purchased 1120 units of inventory that cost $5 each. At a later date the company purchased an additional 1140 units of inventory that cost $7 each. If Anton uses the FIFO cost flow method and sells 1,600 units of inventory, the amount of cost of goods sold will be Multiple Choice $11.200 0 $8,000 $11,180 $8,060