JANSEN Company uses the perpetual inventory system and the LIFO method to value inventories. On August 1, there were 10,000 units valued at $40,000 in inventory. On August 10, 20,000 units were purchased for $8 per unit. On August 15, 24,000 units were sold for $16 per unit. The amount charged to cost of goods sold on August 15 was $96,000 $176,000 $192,000 $384,000