Linh Do's Supermarket uses a perpetual inventory system and had the following inventory transactions for the month of June.

1	June	On hand, 50 units at $18.00 each	$900.00
4		Purchased 115 units at $18.20 each	2 093.00
5			Sold 100 units
10		Purchased 75 units at $18.25 each	1 368.75
24			Sold 40 units
		Total cost of goods available for sale	$4 361.75
30		On hand, 100 units

If the company uses the FIFO inventory costing method, cost of goods sold for the month of June is:

a. $2 538.00

b. $2 520.00

c. $2 540.00

d. $2 550.00