Lowell Inc. had the following inventory in fiscal 2012. The company uses the LIFO method of accounting for inventory.

Beginning Inventory, August 1, 2011: 140 units @ $19.50

Purchase 300 units @ $19.00

Purchase 50 units @ $20.00

Purchase 120 units @ $20.30

Ending Inventory, July 31, 2012: 120 units

The company's cost of goods sold for fiscal 2012 is:

A. $ 9,526

B. $ 2,636

C. $11,866

D. $ 9,331

E. None of the above