QUESTION 24 The Xu Corporation uses a periodic inventory system. The company has a beginning inventory of 350 units at 56 each on January 1, Xu purchase 600 each in February and 250 units at 57 each in March. There were no additional purchases or sales during the remainder of the year. Xu sells 400 units during the quarter. If Xu uses the LIFO method, what is its cost of goods sold? O A $2,500 B. $2.800 OC $200 D$2,300 E. None of the above