Joe's widgets, Inc. uses a perpetual inventory system. The company's beginning inventory of a particular product and its purchases during the month of January were as follows: GIVE ANSWERS FOR ALL NUMERIC COMPUTATIONS AS A SINGLE TOTAL DOLLAR AMOUNT WITHOUT USING $ SIGN i.e. 60, NOT $60, NOT 5@$12 Beginning Inventory (Jan.1) 16 widgets @$10 each Purchase Jan. 11 14 widgets @$12 each 25 widgets @ $20 each Sale Jan, 14 Assuming that the company uses the FIFO flow assumption, the cost of goods sold to be recorded at January 14 is: