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Anton Company uses the perpetual inventory system and FIFO cost flow method. During the year, Anton purchased 4 0 0 units of inventory that cost

Anton Company uses the perpetual inventory system and FIFO cost flow method. During the year, Anton purchased 400 units of inventory that cost $12.00 each and then purchased an additional 600 units of inventory that cost $16.00 each. If Anton sells 700 units of inventory, what is the amount of cost of goods sold?
$11,200
$10,400
$8,400
$9,600
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