n Question 15 6 pts Based on the information below, please answer Question 15 and Question 16: Company C sells BAD ("biodegradable and dull") knives. At the beginning of 2014, the beginning inventory of Company C consisted of the following: Purchase Date Quantity Unit Cost ($) Total Cost ($) 2011 2,400 12 28,800 2012 1,200 15 18,000 2013 600 17 10,200 Other Information: Company C purchased an additional 950 units in 2014 at a cost of $18/unit. On December 31, 2014 a physical inventory count revealed 1,800 units on hand. This count indicates that the company sold 3,350 units throughout the year. The company sells each unit for $27. The firm prepares annual financial statements on December 31 of each year and uses a periodic inventory system and the LIFO method of cost allocation for inventory. REQUIRED: Calculate the cost of goods sold for the year ended December 31, 2014.