Monty Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sales of Gizmo for the month of March. Monty Company uses the periodic inventory system. Purchases Sales Units Unit Cost Units Selling Price Unit 3/1 Beginning inventory 102 $40 3/3 Purchase 59 $50 3/4 Sales 59 $90 3/10 Purchase 204 $55 3/16 Sales 67 $100 3/19 Sales 94 $100 3/25 Sales 59 $100 3/30 Purchase 43 $60 Using the FIFO assumption calculate the amount charged to cost of goods sold for March Cost of goods sold $