Smithson Corporation uses a periodic inventory system. The following information related to its merchandise inventory during the month of August year 1 is available:

August 1 Inventory on hand--500 @$10.00

August 10 Purchase --200 @$12.00

August 12 Purchase --500 @ $15.00

August 28 Sale--800 @ $30.00

What is the cost of goods available for sale if Smithson follows the FIFO method?

A) $14,900

B) $8,900

C) $15,100

D) $6,000