Kingbird has the following inventory data:

Nov. 1		Inventory		34 units @ $6.80 each
8		Purchase		137 units @ $7.35 each
17		Purchase		68 units @ $7.20 each
25		Purchase		103 units @ $7.50 each

A physical count of merchandise inventory on November 30 reveals that there are 114 units on hand. Assuming that the specific identification method is used and that ending inventory consists of 34 units from each of the three purchases and 12 units from the November 1 inventory, cost of goods sold is

$1023.

$1669.