Required information [The following information applies to the questions displayed below.) Glasgow Enterprises started the period with 85 units in beginning inventory that cost $2.60 each. During the period, the company purchased inventory items as follows: Purchase 1 2 3 No. of Items 290 195 50 Cost $3.10 $3.20 $3.60 Glasgow sold 315 units after purchase 3 for $9.90 each What is Glasgow's cost of goods sold under FIFO? What is Glasgow's cost of goods sold under FIFO? Multiple Choice $934 $819 O O O $1,134 0 $1,028