Jameson, Inc. had the following balances and transactions during 2019:

Beginning Merchandise Inventory as of January 1, 2019

210

units at $ 73

March 10

Sold 70

units
June 10	Purchased 150

units at $ 79

October 30

Sold 150

units

What would be reported for Cost of Goods Sold on the income statement for the year ending December 31, 2019 if the perpetual inventory system and the

lastminus

in,

firstminus

out

inventory costing method are used?

A.

$ 16 comma 960

B.

$ 11 comma 850

C.

$ 16 comma 060

D.

$ 5 comma 110