Grays Company has inventory of 24 units at a cost of $12 each on August 1. On August 3, it purchased 34 units at $10 each. 26 units are sold on August 6. Using the FIFO perpetual inventory method, what amount will be reported in cost of goods sold for the 26 units that were sold?

$314.

$312.

$624.

$308.

$52.