Chase Co. uses the perpetual inventory method. The inventory records for Chase reflected the following information an 1 an 12 an 18 an 21 an 25 an 31 Assuming Chase uses a FIFO cost flow method, what is the cost of goods sold for the sales transaction on January 31? Beginning inventory Purchase Sales Purchase Purchase Sales 900 units@ $3.50 1000 units $3.30 1100 units $5.00 900 units $3.60 700 units $3.40 1050 units $5.00 $3540 3645 $4720 $3805