Beeson Co. has the following information regarding its dishwasher inventory in the first quarter of 2013:

Beginning inventory on 1/1/2013	45 units sold	each cost $500
Sale on 1/19/2013	40 units sold	each sold for $800
Purchase on 2/15/2013	30 units sold	each cost $550
Purchase on 3/11/2013	20 units sold	each cost $600
Sale on 3/31/2013	35 units sold	each sold for $800

What should be the cost of goods sold in the first quarter if Beeson uses perpetual inventory system and FIFO?

Question 30 options:

	$41,000
	$38,500
	$39,000
	$39,500