Given the following information, determine the cost of goods sold for December 31 using the FIFO periodic inventory method. December 2: 24 units were purchased at $8.90 per unit. December 9: 29 units were purchased at $11.30 per unit. December 11 31 units were sold at $36.90 per unit. December 15:39 units were purchased at $12.05 per unit. December 22:37 units were sold at $36.90 per unit. $976.25 $722.05 $747.45 $1011.25 $797.65