MCE Incorporated uses the LIFO method to calculate ending inventory. Assuming $200$ units are not sold, the cost of goods sold is:

January $1$ Inventory $150$ units at $$15$ $$2,250$

March $3$ Purchase $300$ units at $$12$ $$3,600$

July $1$ Purchase $250$ units at $$14$ $$3,500$

November $10$ Purchase $400$ units at $$10$ $$4,000$

MCE Incorporated uses the LIFO method to calculate ending inventory. Assuming $200$ units are not sold, the cost of goods sold is:

January $1$ Inventory $150$ units at $$15$ $$2,250$

March $3$ Purchase $300$ units at $$12$ $$3,600$

July $1$ Purchase $250$ units at $$14$ $$3,500$

November $10$ Purchase $400$ units at $$10$ $$4,000$

$$7,500$

$$10,500$

None of the answer choices are correct.

$$8,500$

$$11,350$