BlueJay Company uses the periodic inventory system. For the current month, the beginning inventory consisted of 488 units that cost $65 each. During the month, the company made two purchases: 724 units at $68 each and 362 units at $70 each. BlueJay Company also sold 1205 units during the month. Using the FIFO method, what is the amount of cost of goods sold for the month? $82,307 $80,476 $78,325 $81,374