PurchasesQuantityPriceQuantity $\backslash$times PricePurchase $1100$$$10$$$1,000$Purchase $2200$$$11$$$2,200$Purchase $3100$$$12$$$1,200$Purchase $4300$$$14$$$4,200$TOTAL$700$$$8,600$SalesQuantitySale $1150$All from Purchase $2$Using the above information, what is the cost of goods sold using the specific identification method? Assume that the inventory balance before the first purchase was zero.Select one:a$.$ $$1,850$b$.$ $$1,650$C$.$ $$1,450$d$.$ $$1,564$