Current Attempt in Progress

Vaughn Co$.$ has the following data related to an item of inventory:

$\backslash$table$[[$Inventory$,$ March $1,380$ units @ $$1\mathrm{.}80,],[$Purchase$,$ March $7,1390$ units @ $$1\mathrm{.}90,],[$Purchase$,$ March $16,300$ units @ $$1\mathrm{.}95,],[$Inventory$,$ March $31,540$ units,$]]$

The value assigned to cost of goods sold if Vaughn uses a FIFO periodic inventory system is

$$988.$

$$1042.$

$$2922.$

$$2869.$