Question 11 of 25 -/1 Ini View Policies Current Attempt in Progress Coronado Bookstore had 520 units on hand at January 1. costing $6 each. Purchases and sales during the month of January were as follows: Purchases Date Jan. 14 17 Sales 365 $14 210 @ $8 210@$10 25 29 280 $16 Coronado does not maintain perpetual inventory records. According to a physical count 295 units were on hand at January 31. The cost of the inventory at January 31, under the FIFO method is: $1770 $2950 $2360 $2780