Ivanhoe Top uses the periodic inventory system. For the current month, the beginning inventory consisted of 486 units that cost $62 each. During the month, the company made two purchases: 727 units at $65 each and 365 units at $67 each. Ivanhoe also sold 1206 units during the month. If the FIFO method is used, what is the amount of cost of goods sold for the month?

$76932

$77835

$78778

$74772