FB Company is a wholesaler of furniture products. Inventory transactions related to one kind of desk during May is given below. Beginning Inventory 500 units $ 60 (unit cost) Purchased (14th May) 1,500 units $ 70 (unit cost) Sold (27th May) 1.200 units $ 110 (unit selling price) Under the first in first out method what is the cost of goods sold amount on May, 27? AL$ 79,000 B) $ 72,000 75 132.000 D) $ 84,000 E] $ 105,000