Vargas Company uses the perpetual Inventory system and the FIFO cost flow method. During the current year, Vargas purchased 1.100 units of Inventory that cost $12 each. At a later date during the year, the company purchased an additional 1,500 units of Inventory that cost $13 each Vargas sold 1.200 units of Inventory for $16. What is the amount of cost of goods sold that will appear on the current year's Income statement? Multiple Choice O $13.200 o $3,600 $14,500 o $4,700