Using a perpetual system, what is the cost of the goods sold for November if the company uses LIFO?

Nov. 01 Inventory 21 units at $23.00

Nov. 04 Sold 8 units Nov. 10 Purchased 35 units at $19.00

Nov. 17 Sold 20 units

Nov. 30 Purchased 25 units at $25.00

Using the perpetual LIFO system, what is the cost of the merchandise sold for November? Select the correct answer.

$1,157.00

$616.00

$564.00

$863.00