Current Attempt in Progress

Street Electronics Co$.$ uses a perpetual inventory system. The company's beginning inventory of a particular style of large screen televisions and its purchases during the month of January were as follows:

$\backslash$table$[[,$Quantity,Unit Cost,Total Cost$],[$Beginning inventory $($Jan$.1),40,$$$200,$$ $8,000],[$Purchase $($Jan$.12),20,221,4,420],[$Purchase $($Jan$.28),10,158,1\mathrm{.}580],[$Total$,70,,$$$14\mathrm{.}000]]$

On January $15,$ Street Electronics Co$,$ held its annual Large Screen TV Sale Day. On this day, $55$ of these televisions were sold. The remaining $15$ units remain in inventory at January $31.$ Assuming that Street Electronics uses the average cost formula, the cost of goods sold to be recorded at January $15$ is

$$2,615.$

$$11,315.$

$$11,000.$

$$11,385.$