Suppose that Blossom has the following inventory data:

Nov. 1		Inventory		30 units @ $6 each
8		Purchase		120 units @ $6.45 each
17		Purchase		70 units @ $6.30 each
25		Purchase		90 units @ $6.60 each

The company uses a periodic inventory system. A physical count of merchandise inventory on November 30 reveals that there are 110 units on hand. Cost of goods sold under FIFO is

$696.

$720.

$1358.

$1269.