The inventory records for Radford Company reflected the following: Beginning inventory @ May 1 First purchase @ May 7 Second purchase @ May 17 Third purchase @ May 23 Sales @ May 31 2,000 units @ $5.60 2,100 units @ $5.80 2,300 units @ $5.90 1,900 units @ $6.00 6,300 units @ $7.50 -05 What is the amount of cost of goods sold assuming the LIFO cost flow method? Multiple Choice - $37,800 $37,150 $36,540