The following data represent the beginning inventory and, in the order of occurrence, the purchases and sales of Mullenax Company for an operating period.
	Units	Unit Cost	Total Cost	Units Sold
Beginning Inventory	20	$87	$1,740
Purchase No. 1	20	93	1,860
Sale No. 1				30
Purchase No. 2	90	96	8,640
Sale No. 2				80
Purchase No. 3	70	108	7,560
Totals	200		$19,800	110
Assuming Mullenax Company uses FIFO perpetual inventory procedures, sale No. 1 is recorded as an entry to Cost of Goods Sold for.