Question: Given the following: FIFO method -12 units left in inventory Jan. 1 Beginning inv: 10 units at $100 each = $1,000 Apr. 13 Purchased: 15

Given the following: FIFO method -12 units left in inventory Jan. 1 Beginning inv: 10 units at $100 each = $1,000 Apr. 13 Purchased: 15 units at $108 each = $1,620 Sept. 17 Purchased: 20 units at $120 each = $2,400 Dec. 10 Purchased: 10 units at $125 each = $1,250 The cost of goods sold is:

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