Swifty Company's inventory records show the following data: Units Unit Cost Inventory, January 1 9800 $ 8.80 Purchases: June 18 9300 7.00 November 8 6500 6.00 A physical inventory on December 31 shows 3500 units on hand. Swifty sells the units for $ 14 each. The company has an effective tax rate of 24%. Swifty uses the periodic inventory method. Under the LIFO method, cost of goods sold is

$ 169340. $ 164380. $ 159540. $ 21000.