Wells Fargo, Inc. uses a periodic inventory system and has the following information in regard to its inventory: Beginning inventory Purchase on January 25 Purchase on March 15 Purchase on October 2 Goods available for sale O $21,200. O $19,000. There are 1,100 units in ending inventory. What is the amount of the cost of goods sold using the FIFO method? There are 1,100 units in ending inventory. What is the amount of the cost of goods sold using the FIFO method? 1. $21,200 2. $19,000 3. $15,600 4.$17,300

Wells Fargo, Inc. uses a periodic inventory system and has the following information in regard to its inventory: There are 1,100 units in ending inventory. What is the amount of the cost of goods sold using the FIFO method? $21,200. $19.000. $15,600. $17,300