Lauer Corporation has provided the following information about one of its laptop computers:

Date	Transaction	Number of Units	Cost per Unit
1/1	Beginning Inventory	100	$	800
5/5	Purchase	200	$	900
8/10	Purchase	300	$	1,000
10/15	Purchase	200	$	1,100

During the year, Lauer sold 750 laptop computers.

What was cost of goods sold using the LIFO cost flow assumption?

		$720,000.
	.	$735,000.
		$725,000.
	.	$740,000.