Sheffield Corp. has the following inventory data:

July 1		Beginning inventory		96 units at $ 19		$ 1824
7		Purchases		336 units at $ 20		6720
22		Purchases		48 units at $ 22		1056
						$ 9600

A physical count of merchandise inventory on July 30 reveals that there are 160 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is

$ 6304.

$ 3104.

$ 3296.

$ 9585.