Lauer Corporation uses the periodic inventory system and has provided the following information about one of its laptop computers:

Date	Transaction	Number of Units				Cost per Unit
1/1	Beginning Inventory		210			$	910
5/5	Purchase		310			$	1,010
8/10	Purchase		410			$	1,110
10/15	Purchase		255			$	1,160

During the year, Lauer sold 1,025 laptop computers. What was cost of goods sold using the LIFO cost flow assumption?

$1,077,500.

$1,085,635.

$1,109,500.

$1,069,500.