The inventory records for Radford Company reflected the following:

Beginning inventory @ May $1$

First purchase @ May $7$

$1,500$ units @ $$4\mathrm{.}60$

$1,600$ units @ $$4\mathrm{.}80$

$1,800$ units @ $$4\mathrm{.}90$

$1,400$ units @ $$5\mathrm{.}00$

$4,800$ units @ $$6\mathrm{.}50$

Second purchase @ May $17$

Third purchase @ May $23$

Sales @ May $31$

What is the amount of cost of goods sold assuming the LIFO cost flow method?

Multiple Choice

$$23,040$

$$22,080$

$$24,000$