The Laurel Corporation starts the year with a beginning inventory of 330 units at $8 per unit. The company purchases 515 units at $10 each in February and 260 units at $9 each in October. Laurel sells 165 units during the year. Laurel has a periodic inventory system and uses the FIFO inventory costing method. What is the amount of cost of goods sold? Multiple Choice $1,650 $1,519 0 $1,320 $1,485