Saved Required information (The following information applies to the questions displayed below.) The inventory records for Radford Co. reflected the following: Beginning inventory @ May 1 First purchase @ May 7 Second purchase @ May 17 Third purchase @ May 23 Sales @ May 31 1,500 units @ $4.60 1,600 units @ $4.80 1,800 units @ $4.90 1,400 units @ $5.00 4,800 units @ $6.50 w is the nount of cost of goods sold assuming the LIFO cost flow method? Multiple Choice $24.000 What is the amount of cost of goods sold assuming the LIFO cost flow method? Multiple Choice $24,000 $23.500 O $22,080 O $23,040 3