Mika Enterprises uses a perpetual inventory system. The company had the following inventory and purchases for the month of March: Mar. 1 Beginning Inventory 32 @ $19.92 Mar. 8 Purchase 101 @ $25.39 Mar. 16 Sale 44 @ $29.69 Calculate the cost of goods sold for the year assuming the company uses a FIFO cost flow system. Select one: O a. $2260 O b. $1117 O C.$942 O d. $1306 Check