Strods Company reported the following purchases and sales for its only product. Strods uses a periodic inventory system. Determine the cost assigned to cost of goods sold using LIFO. Units Sold at Retail Units Acquired at Cost 230 units @ $18 260 units @ $20 Date May 1 5 10 15 24 Activities Beginning Inventory Purchase Sales Purchase Sales 180 units @ $28 140 units @ $21 130 units @ $29 Multiple Choice $5,950 $5,740 o $5,940 $6,330 $6.340