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The Laurel Corporation starts the year with a beginning inventory of 4 6 0 units at $ 2 1 per unit. The company purchases 5

The Laurel Corporation starts the year with a beginning
inventory of 460 units at $21 per unit. The company purchases 580
units at $36 each in February and 520 units at $22 each in October.
Laurel sells 230 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?a.)8,280b.)5,094c.)4,830d.)5,060

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