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Lime company purchased 4 0 0 units for $ 4 0 each on January 3 1 . It purchased 1 6 0 units for $

Lime company purchased 400 units for $40 each on January 31. It purchased 160 units for $50 each on February 28It sold 225 units for $65 each from March 1 through December 31. 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

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