Pacific Company starts the year with a beginning inventory of 4,500 units at $8 per unit. The company purchases 6,500 units at $7 each in February and 3,500 units at $9 each in March. Pacific sells 1,700 units during this quarter. Pacific has a perpetual inventory system and uses the FIFO inventory costing method. What is the cost of goods sold for the quarter? Multiple Choice $14,450 $11,900 $13,600 $15,300