4.

On December 31 of last year, Wolfson Corporation had in inventory 620 units of its product, which cost $19 per unit to produce. During January, the company produced 1,020 units at a cost of $22 per unit.

Assuming that Wolfson Corporation sold 1,140 units in January, what was the cost of goods sold? (Assume FIFO inventory accounting.)

Cost of goods sold:__________________________

$