Term | Chapters F01--F06 t This test: 25 point(s) possible This question: 1 point(s) possible Submit test K A company purchased 100 units for $40 each on January 31. It purchased 90 units for $50 each on February 28. It sold 150 units for $65 each from March 1 through December 31. If the company uses the last-in, first-out inventory costing method, what is the amount of Cost of Goods Sold on the income statement for the year ending December 31? (Assume that the company uses a perpetual inventory system.)

inveriary brithen a. 30,000 sinsin c. 54,050 D. $4.500 inveriary brithen a. 30,000 sinsin c. 54,050 D. $4.500