Vaughn Co. has the following data related to an item of inventory: Inventory, March 1 Purchase, March 7 Purchase, March 16 Inventory, March 31 380 units 1390 units 300 units 540 units @ $1.80 @ $1.90 @ $1.95 The value assigned to cost of goods sold if Vaughn uses a FIFO periodic inventory system is

Vaughn Co. has the following data related to an item of inventory: Inventory, March 1 380 units @ $1.80 Inventory, March 31 540 units The value assigned to cost of goods sold if Vaughn uses a FIFO periodic inventory system is