no beginning inventory using a perpetual inventory system

Purchases Sales July 3 40 units @ $ 16 July 13 44 units 11 40 units @ $ 17 22 17 units 20 17 units @ $ 19 Under the FIFO method, the cost of goods sold for each sale is: July 16 July 22 POP $836. $ 323 $748 $ 289 $ 760 S22 $ 208 $ 289