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The following information is available for Baker Inc. for the month of June: Beginning inventory Purchased, June 3 Purchased, June 5 Sold, June 9 Purchased,

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The following information is available for Baker Inc. for the month of June: Beginning inventory Purchased, June 3 Purchased, June 5 Sold, June 9 Purchased, June 15 Sold, June 19 16 units ' $40 = $640 10 units '$44 = $440 14 units ' $48 = $672 14 units 16 units '$50 = $800 1 6 units Assuming Baker Inc. uses the LIFO perpetual method, what was the cost of goods sold at end of June? (There weren't any additional purchases or sales after June 19th.) a. $1,232 b. $1,472 C. $1,104 d. $1,352

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