Harris Company Had the Following Balances and Transactions During 2016

Multiple Choice

Harris Company had the following balances and transactions during 2016: $$\begin{array} { | l | l | } \hline \text { Beginning inventory } & 280 \text { units at } \$ 72 \\\hline 10 \text { March } & \text { Sold } 70 \text { units } \\\hline 10 \text { June } & \text { Purchased } 150 \text { units at } \$ 76 \\\hline 30 \text { October } & \text { Sold } 125 \text { units } \\\hline\end{array}$$ What would the cost of sales be as reported on the income statement for the year ending 31 December 2016 if the perpetual,last-in,first-out costing method is used?

A) $5040
B) $15,840
C) $16,440
D) $11,400