HYT Company sells computer monitors (only one model). During February 2017, its inventory records were as follows:

Date Units Unit Cost Total Cost

Beginning Inventory 10 $20 $200

February 3 Purchase 21 $21 $441

February 5 Purchase 11 $23 $253

February 7 Sale -26 N/A

February 9 Sale -14 N/A

February 13 Purchase 21 $22 $462

February 23 Purchase 23 $19 $437

February 25 Sale -14 N/A

February 27 Sale -23 N/A

The cost of goods sold using the periodic FIFO method is:

Select one:

a. $1,599

b. $1,622

c. $1,585

d. $1,613