A company purchased $110$ units for $ $40$ each on January $31.$ It purchased $170$ units for $ $35$ each on February $28.$ It sold $170$ units for $ $80$ each from March $1$ through December $31.$ If the company uses the weightedminusaverage inventory costing$$ method, calculate the amount of Cost of Goods Sold on the income statement for the year ending December $31.$ Assume the company uses the perpetual inventory system. Round any intermediate calculations two decimal places and final answer to the nearest dollar.