On June 30, Coral, Inc. finished Job 750 with total job costs of $4,000, and transferred the costs to Finished Goods Inventory. On July 6, Coral sold goods to a customer for 55,700 cash. Which of the following is the correct journal entry to record the cost of goods sold? Assume the perpetual inventory system is used O A. debit Cost of Goods Sold 54,000 and credit Finished Goods Inventory $4,000 OB. debit Cost of Goods Sold $4,000 and credit Work - In-Process Inventory $4,000 OC. debit Work-in - Process Inventory $4,000 and credit Cost of Goods Sold 54,000 OD. debit Finished Goods Inventory 4,000 and credit Cost of Goods Sold 54,000