At May 1, 2014, Heineken Company had beginning inventory consisting of 200 unit with a unit cost of $7. During May, the company purchased inventory as follows: 400 units at $7 600 units at $8 The company sold 1,000 units during the month for $12 per unit. Heineken uses the average cost method. The value of Heineken's inventory at May 31, 2014 is $1, 400 $1, 500 $1, 600 $9,000 Butler Company reported ending inventory at December 31, 2014 of $1, 200,000 under LIFO. It also reported a LIFO reserve of $210,000 at January 1, 2014, and $300,000 at December 31, 2014. Cost of goods sold for 2014 was $4, 600,000. If Butler Company had used FIFO during 2014, its cost of goods said for 2014 would have been $4, 900,000. $4, 690,000. $4, 510,000. $4, 300,000