Vargas Company uses the perpetual inventory system and the FIFO cost flow method. During the current year, Vargas purchased 900 units of inventory that cost $10 each. At a later date during the year, the company purchased an additional 1,300 units of inventory that cost $11 each. Vargas sold 1,000 units of inventory for $14. What is the amount of cost of goods sold that will appear on the current year's income statement?

Multiple Choice

$10.100

$3,000

$9,000

$3,900