Chase Co, uses the perpetual inventory method. The inventory records for Chase reflected the following Information: Jan 1 Jan 12 Jan 18 Jan 21 Jan 25 Jan 31 Beginning inventory Purchase Sales Purchase Purchase Sales 600 units @ $2.90 700 units @ $2.70 800 units $4.40 6e8 units $3.00 400 units $2.80 750 units $4.40 Assuming Chase uses a LIFO cost flow method, what is the amount of cost of goods sold for the sales transaction on January 18? Multiple Choice $2.320 $2.180 $2.160