Question: Ivanhoe Top uses the periodic inventory system. For the current month, the beginning inventory consisted of 485 units that cost $69 each. During the month,

Ivanhoe Top uses the periodic inventory system. For the current month, the beginning inventory consisted of 485 units that cost $69 each. During the month, the company made two purchases: 728 units at $72 each and 364 units at $74 each. Ivanhoe also sold 1205 units during the month. If the FIFO method is used, what is the amount of cost of goods sold for the month? Select answer from the options below $83145 $85305 $86206 $87149

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