Lime company purchased 200 units for $20 each on January 31. It purchased 150 units for $30 each on February 28 . It sold 200 units for $45 cach from March 1 through December 31. If the company uses the last-in, first-out inventory costing method, what is the amount of Cost of Goods Sold on the income statement for the year ending December 31? (Assume that the company uses a perpetual inventory system.) 55500 44500 54000 sis00