Montana Great Outdoors had the following inventory in fiscal 2012. The company uses the FIFO method of accounting for inventory.

Beginning inventory, August 1, 2011: 140 units at $19.50.

Purchase 300 units at $19.00

Purchase 50 units at $20

Purchase 120 units at $20.30

Ending inventory, July 31, 2012, 130 units

The companies cost of goods sold for fiscal 2012 is:

a. $9,230

b. $2,636

c. $9,331

d. $11,866

e. None of the above