A company has a beginning inventory of

$ 30 comma 000$30,000

and purchases during the year of

$ 80 comma 000$80,000.

The beginning inventory consisted of

2 comma 0002,000

units and

7 comma 0007,000

units were purchased during the year. The company has

5 comma 0005,000

units left at

yearminusend.

Under

averageminuscost,

what is Cost of Goods Sold? (Round any intermediary calculations to two decimal places and your final answer to the nearest dollar.)