QUESTION 29 Texas Petrochemical reported the following April activity for its VC-30 lubricant, which had a balance of 300 qts. @ $2.40 per quart on April 1. Purchases: Sales: Apr. 3 Apr. 10 Apr. 20 500 qts 400 qts @ @ $ 2.50 $ 2.65 200 qts 300 qts Apr. 26 The cost of goods sold for April assuming weighted average cost and a perpetual inventory system is: (Round your final answer to nearest whole dollar amount.) O $1,580 0 $1,245 O $1,575. O $1,785