Grays Company has inventory of 15 units at a cost of $10 each on August 1. On August 3, it purchased 25 units at $9 each. 17 units are sold on August 6. Using the FIFO perpetual inventory method, what amount will be reported as cost of goods sold for the 17 units that were sold?

Multiple Choice

• $172.

• $174.

• $255.

• $168.

• $75.