Maxim Corp. has provided the following information about one of its products:

• January 1 - Beginning Inventory 280 units at $156 per unit
• June 5 Purchased 480 units at $176 per unit
• November 10 Purchased 180 units at $216 per unit
• During the year, Maxim sold 560 units.

What is cost of goods sold (rounded) using the average cost method?

Group of answer choices

$74,880.

$101,513.

$72,880.

$99,513.