Given the following information, determine the cost of goods sold at December 31 using the LFO periodic inventory method. December 2:17 units were purchased at $8.20 per unit. December 9: 22 units were purchased at $10.60 per unit. December 11: 24 units were sold at $36.20 per unit. December 15:32 units were purchased at $11.35 per unit. December 22: 30 units were sold at $36.20 per unit. Multiple Choice $700.80 $559.62 $735.80 $542.85 $596.40