Five Seasons Is a Merchandiser of Packed Foods How Much Was the Unit Cost Per Item of Product

Five Seasons is a merchandiser of packed foods. The company provides the following information for the year: $$\begin{array} { | l | r | } \hline \text { Sales Revenue } & \$ 145,000 \\\hline \text { Cost of Goods Sold } & 64,000 \\\hline \text { Operating Expenses } & 67,000 \\\hline \text { Net Income } & 14,000 \\\hline \text { Number of Units Sold } & 29,000 \\\hline\end{array}$$ How much was the unit cost per item of product sold? (Round your answer to the nearest cent.)

A) $4.52
B) $5.00
C) $2.21
D) $100.48