Suppose that Sandhill Trading Post has the following inventory data:

July 1 Beginning Inventory 50 units at $25 $1250

7 Purchases 174 units at $26 $4524

22 Purchases 25 units at $27 675 _______________

$6449 ========= The company uses a periodic inventory system. A physical count of merchandise inventory on July 31 reveals that there are 62 units on hand. Using the LIFO inventory method, the amount allocated to cost of goods sold for Juky is

A. $4887

B. $4775

C. $4812

D. $4688