Tetra Company purchased 2.400 units of inventory that cost $4.00 each on January 1 Year 1. An additional 3,400 units of inventory were purchased on January 12, Year 1 at a cost of $3.10 each. Tetra Company sold 4,400 units of inventory on January 20, Year 1. Assuming that Tetra Co. uses the perpetual inventory method and a FIFO cost flow method, how would the entry to recognize the cost of goods sold affect the financial statements? Multiple Choice O increase cost of goods sold and decrease inventory by 15,800 Increase inventory and increase cost of goods sold by $15,800 O Decrease cost of goods sold and increase inventory by $15.900 o o Increase inventory and increase cost of goods sold by 15.900