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		190			$	890
5/5	Purchase		290			$	990
8/10	Purchase		390			$	1,090
10/15	Purchase		245			$	1,140

During the year, Lauer sold 975 laptop computers.

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

$1,014,874.

$1,009,000.

$1,001,000.

$1,036,000.