Assume the following pattern for inventory, and periodic inventory systems:

Date	Units Purchased	Cost per Unit
Jan 1	10	$20
Feb 1	35	$22
March 1	40	$24

On March 15, 50 units were sold for $41 per unit.

What is the Cost of Goods Sold using FIFO?

$1,090

$1,200

$1,060

$1,180