Character Company, which uses the perpetual Inventory method, purchases different letters for resale. Character had a beginning Inventory comprised of seven units at $4 per unit. The company purchased five units at $6 per unit in February, sold seven units in October, and purchased two units at $7 per unit in December. If Character Company uses the LIFO method, what is the cost of goods sold for the year? Multiple Choice $38 O O $44 O $72 O $34