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Square 9 Corporation has provided the following information about one of its laptop computers: Date Transaction Number of Units Cost per Unit 1 / 1

Square9 Corporation has provided the following information about one of its laptop computers:
Date Transaction Number of Units Cost per Unit
1/1 Beginning Inventory 250 $550
5/5 Purchase 350 $600
8/10 Purchase 450 $650
10/15 Purchase 275 $700
During the year, Square9 sold 1,125 laptop computers.
What was cost of goods sold using the LIFO cost flow assumption?
Multiple Choice
$692,500.
$712,500.
$722,500.
$697,500.
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