A Company uses the periodic inventory system. For May 2011, the beginning inventory consisted of 24,000 units that cost $24 each. During the month, the company made two purchases: 16,000 units at $26 each on May 15, and 8,000 units at $32 each on May 23. the company sold 32,000 units during the month. Using the FIFO method, what is the amount of cost of goods sold for the month of May 2011?;