Assume that SBA Inc. made on July 7 one sale on account of 200 tables at $100 each with a unit cost of $75. On August 18 and September 22 SBA Inc. made sales of respectively 100 and 150 tables at the same price and with the same cost. SBA Inc. applies the periodic system of inventory every quarter. The recording of the Cost of Good Sold will be made on:

1. Sep30

2. July7,August18 and Sep22

3. July 7, August 18, Sep 22 and Sep 30

4. None of the above