Question 2 1 pts Desert Company has a beginning balance in inventory of 426 units at $4.20 per unit. A record of transactions for the month of May is as follows: Purchases Sales May # Cost May # Price 1,300 1.103 200 $7.00 4 14 900 $4.40||12 900 $7.50 29 500 $4.55|25 1,400 $8.00 Calculate Cost of Goods Sold in dollars using a FIFO Perpetual inventory costing system. Round to the nearest dollar