Using the LIFO method and the information in this image, what is the Cost of Goods Sold during December?

• $105,000
• $80,000
• $60,000
• $95,000

Purchased Units Unit Cost Total Cost September 150 $300 $45,000 October 300 $400 $120,000 November 150 $500 $75,000 Units Available for Sale 600 $240,000 Ending Inventory Units Sold in December 200 Units on Hand 400 Cost of Goods Sold