Austin Company uses apepetual inventory system. Assume the following data for 2016:

Beginning inventory 10 units at $7 each

March 18 purchase 15 units at $9 each

June 10sale 20 units at $10 each

October 30 purchase 12 units at $11 each

December 31 inventory balance 17 units

Under the LIFO method, the Costs of Goods Sold would be valued at:

a) $160

b) $167

c) $170

d) $177