The following information pertains to the Fan Company's inventory item B1008:

March	1	Inventory Balance	200	units	@	$	3.10
	5	Purchase	1,400	units	@	$	3.20
	14	Purchase	480	units	@	$	3.25
	31	Inventory Balance	520	units

In a periodic inventory system, the FIFO cost of goods sold is

Group of answer choices

$5,000.

$5,016.

$4,995.

$4,972.