Chase Co. uses the perpetual inventory method. The inventory records for Chase reflected the following

Jan 1	Beginning inventory	900	units	@	$	3.50
Jan 12	Purchase	1000	units	@	$	3.30
Jan 18	Sales	1100	units	@	$	5.00
Jan 21	Purchase	900	units	@	$	3.60
Jan 25	Purchase	700	units	@	$	3.40
Jan 31	Sales	1050	units	@	$	5.00

Assuming Chase uses a FIFO cost flow method, the cost of goods sold for the sales transaction on January 31 is:

Select one:

A.

$4720.

B.

$3645.

C.

$3540.

D.

$3805.