Lewis Company Had the Following Balances and Transactions During 2016

Multiple Choice

Lewis Company had the following balances and transactions during 2016: $$\begin{array} { | l | l | } \hline \text { Beginning inventory } & 140 \text { units at } \$ 84 \\\hline 10 \text { March } & \text { Sold } 70 \text { units } \\\hline 10 \text { June } & \text { Purchased } 280 \text { units at } \$ 86 \\\hline 30 \text { October } & \text { Sold } 150 \text { units } \\\hline\end{array}$$ What would the cost of sales be as reported on the income statement for the year ending 31 December 2016 if the perpetual weighted-average costing method is used? (Round your intermediate calculations to two decimal places. )

A) $29,960
B) $12,840
C) $18,720
D) $17,120