Dakota, Inc. is a merchandiser of medallions. The company sold 16,000 units during the year. The company has provided the following information: Sales Revenue Purchases (excluding Freight In) $557,000 300,000 Selling and Administrative Expenses: 67,000 Freight In 13,000 Beginning Merchandise Inventory 55,000 Ending Merchandise Inventory 51,300 What is the unit cost per item sold? (Round your answer to the nearest cent.)) A. $23.00 B. $19,56 C. $16.36 D. $19.79