Eaton Electronics uses a periodic inventory system. On March 31, Eaton has two plasma TVs on hand at a cost of $1,800 each (serial numbers 11534892 and 11534894). In April, the company purchases four more identical TVs from Toshiba for $1,600 each (serial numbers 11542631 through 11542634). In May, the company purchases five more identical TVs for $1,900 each (serial numbers 11550964 through 11550968). In June, Eaton sells two of these TVs (serial numbers 11534894 and 11542631). There were no additional purchases or sales during the remainder of the year.

Eaton Electronics uses the specific identification method. What is its cost of goods sold?

a. $3,800
b. $3,533
c. $3,600
d. $3,400

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