Bass Corporation's inventory records for the month of July is as follows: What is the cost of goods sold if Bass uses a periodic inventory system and a FIFO cost flow assumption? Do NOT use spaces, commas, and dollar signs in your answer. Enter numbers only, do not use characters in your answer. DO NOT ROUND ANY NUMBERS IN THIS QUESTION. 01-Jul Beginning inventory 400 $12,000 10-Jul Purchases 800 26,400 15-Jul Sale 700 20-Jul Purchases 400 15,500 31-Jul Sales 800