Coronado Industries has the following data related to an item of inventory:

Inventory, March 1 440 units @ $2.20

Purchase, March 7 1440 units @ $2.30

Purchase, March 16 260 units @ $2.35

Inventory, March 31 560 units

The value assigned to cost of goods sold if Coronado uses FIFO is

a. $1244.

b. $3590.

c. $1305.

d. $3650.