Date Jan. 1 Mar. 14 Transaction Beginning inventory Purchase Numbers of Units 10 15 Unit Cost $200 300 Total cost $2,000 4,500 $6,500 Jan. 1 - Dec. 31 Total sales to customers 12 What amount would Madison report for cost of goods sold using LIFO? Multiple Choice $2.900 $3,600. $3,900 $2,600