Save & E neip A company's inventory records report the following in November of the current year Beginning November 1 5 units $10 10 units @ $12 6 units $14 Purchase November 2 Purchase November 12 On November 8, it sold 12 units for $40 each. Using the LIFO perpetual inventory method, what was the amount recorded in the cost of goods sold account for the 12 units sold