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A Company's Inventory Records Indicate the Following Data for the Month

Question 65

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A company's inventory records indicate the following data for the month of January:
 Jan. 1 Beginning 180 units at $9 each  Jan. 5  Purchased 170 units at $10 each  Jan. 9  Sold 300 units at $35 each  Jan. 14 Purchased  200units at $11 each Jan. 20  Sold 150 units at $35 each  Jan. 30  Purchased  230units at $12 each \begin{array} { | l | l | l | } \hline \text { Jan. } 1 & \text { Beginning } & 180 \text { units at } \$ 9 \text { each } \\\hline \text { Jan. 5 } & \text { Purchased } & 170 \text { units at } \$ 10 \text { each } \\\hline \text { Jan. 9 } & \text { Sold } & 300 \text { units at } \$ 35 \text { each } \\\hline \text { Jan. } 14 & \text { Purchased } & \text { 200units at } \$ 11 \text { each } \\\hline \text {Jan. 20 } & \text { Sold } & 150 \text { units at } \$ 35 \text { each } \\\hline \text { Jan. 30 } & \text { Purchased } & \text { 230units at } \$ 12 \text { each } \\\hline\end{array}
If the company uses the last-in,first-out perpetual inventory system,what is the amount of cost of goods sold for January?

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