Chase Company uses the perpetual inventory method. The inventory records for Chase reflected the following information: January 1 Beginning inventory January 12 Purchase January 18 Sales January 21 Purchase January 25 Purchase January 31 Sales 2,100 units @ $5.90 2,200 units @ $5.70 2,300 units @ $7.40 2,100 units @ $6.00 1,900 units @ $5.80 2,250 units @ $7.40 Assuming Chase uses a LIFO cost flow method, what is the amount of cost of goods sold for the sales transaction on January 18? Multiple Choice $13,130 $13,570 $13,110 $13,530