Tetra Co. uses the perpetual inventory system and a FIFO cost flow method. On January 1, the company purchased 2,800 units of inventory that cost $6.0 each. On January 12, the company purchased an additional 3,800 units of inventory at a cost of $4.10 each. On January 20, Tetra Company sold 4,800 units of inventory. Which of the following entries would be required to recognize the cost of goods sold on that date?

• Inventory	25,000
  Cost of goods sold		25,000

• Cost of goods sold	25,100
  Inventory		25,100

• Cost of goods sold	25,000
  Inventory		25,000

• Inventory	25,100
  Cost of goods sold		25,100