Lauer Corporation uses the periodic inventory system and has provided the following information about one of its laptop computers Number of Transaction Cost per Unit $850 $950 Date 5/5 8/10 10/15 Beginning Inventory Purchase Purchase Purchase Units 150 250 350 225 1,100 During the year, Lauer sold 875 laptop computers. What was cost of goods sold using the LIFO cost flow assumption? O $879,487 $878,000 O $870,000 $895,000