Blossom Marine Products began the year with 10 units of marine floats at a cost of $12 each. During the year, it made the following purchases: May 5, 27 units at $16; July 16, 19 units at $20; and December 7, 24 units at $23. Assume there are 29 units on hand at the end of the period. Blossom uses the periodic system. (a) Your answer is incorrect. Determine the cost of goods sold under FIFO. Cost of good sold $