Inventory records for COA, Inc. revealed the following:

Date		Transaction	Number of Units	Unit Cost
Mar.	1	Beginning Inventory	1,000	$	10.25
Mar.	10	Purchase	600		10.50
Mar.	16	Purchase	800		10.75
Mar.	23	Purchase	600		11.00

COA sold 1,900 units of inventory during the month.

Cost of goods sold assuming FIFO would be:

Inventory records for COA, Inc. revealed the following: Number of Units Date Transaction Unit Cost Mar. 1 Beginning Inventory 1,000 $ 10.25 Mar. 10 Purchase 600 10.50 Mar. 16 Purchase 800 10.75 Mar. 23 Purchase 600 11.00 COA sold 1,900 units of inventory during the month. Cost of goods sold assuming FIFO would be: Select one: O a. $20,850 O b. $19,775 O c. $21,925 O d. $20,450 O e. $18,750