Serene Stereos has the following inventory data: Nov. 1 Inventory 28 units$5.60 each 8 17 25 Purchase Purchase Purchase 113 units @$6.05 each 56 units @ $5.90 each 85 units @ $6.20 each A physical count of merchandise inventory on November 30 reveals that there are 94 units on hand. Cost of goods sold under FIFO is O $1118 O $1142. O $580. O $556