Lled Industries uses the FIFO Method. They report the following information: JAN 1 Inventory 6 units @ $50 $300 MAR 30 Purchase 14 units $55 770 NOV 1 Purchase 20 units @ $62 1,240 Units Available for Sale 40 $2,310 Lled Industries reported 16 units in physical inventory at the end of the year. The company uses the Periodic Inventory system. What is the Cost of Goods Sold for the year? PR? O 1,318 O 2,010 O 1,460