RJ Corporation has provided the following information about one of its inventory items:

Date	Transaction	Number of Units	Cost per Unit
1/1	Beginning Inventory	409	$3,245
6/6	Purchase	809	$3,645
9/10	Purchase	1,245	$4,045
11/15	Purchase	809	$4,290

During the year, RJ sold 3,045 units.

What was cost of goods sold using the FIFO cost flow assumption under a periodic inventory system?

	$11,918,815.
	$11,895,829.
	$11,808,815.
	$12,046,030.