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Question 2 (1 point) Smith Retail has the following purchases and sales for the period. Quantity Price Beginning inventory 500 $ 4.87 Purchases Jan

Question 2 (1 point) Smith Retail has the following purchases and sales for the period. Quantity Price Beginning inventory 500 $ 4.87 Purchases Jan 12 600 $ 6.15 Jan 26 160 $ 6.26 Sales Jan 18 Jan 30 370 $ 16.00 250 $ 16.00 What is the Cost of Goods Sold for the period using perpetual LIFO method? Response rounded to whole numbers, without commas and without dollar signs.

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