Ouyang Inc. had the following inventory in fiscal 2012. The company uses the LIFO method of accounting for inventory. Beginning Inventory, August 1, 2011: 140 units @ $19.50 Purchase 300 units @ $19.00 Purchase 50 units @ $20.00 Purchase 120 units @ $20.30 Ending Inventory, July 31, 2012: 130 units The company's cost of goods sold for fiscal 2012 is:

$ 9,230

$ 2,636

$11,866

$ 9,331

$ 9,592