Pharoah Top uses the periodic inventory system. For the current month, the beginning inventory consisted of 488 units that cost $61 each. During the month, the company made two purchases: 720 units at $64 each and 355 units at $66 each. Pharoah also sold 1200 units during the month. If the FIFO method is used, what is the amount of cost of goods sold for the month? $75336$77135$76224$73200