Vargas Company uses the perpetual inventory method. Vargas purchased 500 units of inventory that cost $6.00 each. At a later date the company purchased an additional 900 units of inventory that cost $7.00 each. Vargas sold 600 units of inventory for $10.00. If Vargas uses a FIFO cost flow method, the amount of cost of goods sold appearing on the income statement will be: Multiple Choice $3,700. $2,300. $3,000. $1,800