Sea Company had the following inventory purchases and sales during the month of May. The company uses the perpetual inventory method. Purchases Date Units Unit Price Total 5/1/2009 100 $3.8 $380 5/5/2009 200 $5 $1,000 5/15/2009 100 $6 $600 5/20/2009 150 $7 $1,050 5/30/2009 160 $8 $1,280 Sales Date Units Unit Price Total 5/10/2009 120 $10 $1,200 5/18/2009 275 $11 $3,025 5/29/2009 155 $11 $1,705 What is cost of goods sold on 18th of May under LIFO?