Renoir Associates had the following inventory data: Date July 1 July 4 Quantity 5 10 12 Unit Cost $49 $55 Beginning inventory Purchase Sale Purchase Sale July 7 9 $54 July 11 July 14 8 Assuming FIFO, what is the cost of goods sold for the July 14 sale? (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.) O A. S432 B. $434 O C. $435 O D. $440