Sal’s Sunglasses is a sunglass retailer located in Charleston, South Carolina. Sal opened the store in September of last

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Sal’s Sunglasses is a sunglass retailer located in Charleston,South Carolina.Sal opened the store in September of last year. Right now, it isjust the onelocation but he may expand in the next couple of years depending onwhetherhe can make good money or not.January has come along and Sal needs to calculate his cost of goodssoldfor the previous year, which he will do using the FIFOmethod.Here is what his inventory costs are:Month Amount Price PaidSeptember 200 sunglasses $200.00 perOctober 275 sunglasses $210.00 perNovember 300 sunglasses $225.00 perDecember 500 sunglasses $275.00 perSal sold 600 sunglasses during this time, out of his stock of1275.Question: Going by the FIFO method, Calculate the COGS