Niles Co. has the following data related to an item of inventory: Inventory, March 1 200 units @ $2.10 Purchase, March 7 700 units @ $2.20 Purchase, March 16 140 units @ $2.25 Inventory, March 31 260 units The value assigned to cost of goods sold if Niles uses FIFO is

a) $ 580.

b) $1,696.

c) $1,724.

d) $ 552.