Rytt! Co. uses the perpetual inventory system and a FIFO cost flow method. On January 1, the company purchased 3,200 units of inventory that cost $8,0 each. On January 12, the company purchased an additional 4,200 units of inventory at a cost of $5.00 each. On January 20, Tetra Company sold 5,200 units of Inventory. Which of the following entries would be required to recognize the cost of goods sold on that date? Multiple Choice 35,800 coat of goods sold Inventory 35,800 35,800 Inventory Cost of goods sold 35,800 35,900 Inventory Coat of goods sold 35,900 35,900 Cost of goods sold Inventory 35,900