Charter Company, which uses the perpetual inventory method, purchases different letters for resale. Character had a beginning inventory comprised of six units at $5 per unit. The company purchased six units at $7 per unit in February, sold eleven units in October, and purchased two units at $8 per unit in December. If Charter Company uses the LIFO method, what is the cost of goods sold for the year?

A) $67

B) $21

C) $83

D) $88