Question 5 The inventory records for this entity appear below: Beg. Bal. (20 units @ $22) Purchases No. 1: (50 units @ $26) No. 2: (60 units @$35) Inventory $440 Cost of Goods Sold (100 units @ ?) $1,300 $2,100 The cost of goods sold using the average cost method is closest to .... (Round your answer) a. $662 O b. $2950 O c. $2,000 O d. $2,525