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November 1, Beginning inventory: 20 units @ $40. November 5, Purchases: 60 units @ $42. November14, Sales: 50 units @ $80. November 23, Purchases 40

November 1, Beginning inventory: 20 units @ $40.

November 5, Purchases: 60 units @ $42.

November14, Sales: 50 units @ $80.

November 23, Purchases 40 units @ $46.

November 30, Sales: 28 units @ $85.

What is cost of goods sold on a periodic LIFO basis?

A. $1,724.

B. $1,772.

C. $1,884.

D. $3,236.

E. $3,436

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