Strodse Company reported the following purchases and sales of its only product. Strods uses a perpetual inventory system. Determine the cost assigned to cost of goods sold using FIFO. Date Activities Units Acquired at Cost Units Sold at Retail May 1 Beginning Inventory 270 units @ $12 5 Purchase 280 units @ $14 Sales 200 units @ $22 15 Purchase 160 units @ $15 24 Sales 150 units @ $23 10 Multiple Choice $9,560 O $5,200 O $5,050 $4.360 O $4,510 O