Cullumber Inc. uses the FIFO cost formula in a perpetual inventory system.

$\backslash$table$[[$July $1,$Beginning inventory,$34$ units @ $$33$ per unit$],[$July $7,$Purchases,$84$ units @ $$34$ per unit$],[$July $8,$Sales,$64$ units$],[$July $9,$Sales,$39$ units$],[$July $10,$Purchases,$64$ units @ $$36$ per unit$],[$July $22,$Sales,$54$ units$]]$

The cost of goods sold for the July $8$ sale was

$$ $$2176.$

$$2112.$

$$2142.$