Oriole has the following inventory data: Nov. 1 Inventory 8 Purchase 34 units @ $6.70 each 134 units @ $7.20 each 67 units @ $7.05 each 101 units @ $7.40 each 17 Purchase 25 Purchase A physical count of merchandise inventory on November 30 reveals that there are 112 units on hand. Assuming that the specific identification method is used and that ending inventory consists of 34 units from each of the three purchases and 10 units from the November 1 inventory, cost of goods sold is O $963 $1577 O $1609 O $1604