Ortiz-vela Co. has the following inventory information for the month of June: June 1 Beginning inventory: 20 units at $20 per unit (for a total cost of $ 400) June 7 Purchase: 70 units at $21 per unit (for a total cost of $ 1,470) June 22 Purchase: 10 units at $22 per unit (for a total cost of $ 220) In June, 65 units were sold, leaving 35 units on hand. How much is cost of goods sold using the last-in-first-out (LIFO) method