Gordon Company Has the Following Data Available If Gordon Company Uses a Perpetual FIFO Inventory System, the l

Gordon Company has the following data available: $$\begin{array} { | l | c | c | c | } \hline \text { Transaction } & \text { Units Purchased } & \text { Unit Cost } & \text { Units Sold } \\\hline \text { Beginning Inventory } & 300 & \$ 20 & \\\hline \text { March 1 Purchase } & 200 & \$ 12 & \\\hline \text { April 25 Sale } & & & 350 \\\hline \text { June 10 Purchase } & 380 & \$ 14 & \\\hline \text { July 20 Sale } & & & 210 \\\hline \text { October 30 Purchase } & 250 & \$ 14 & \\\hline \text { December 15 Sale } & & & 350 \\\hline\end{array}$$
If Gordon Company uses a perpetual FIFO inventory system, the cost of ending inventory on December 31 is ________.

A) $18,200
B) $12,740
C) $3,080
D) $4,400