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A company using the periodic system counted 7 0 0 units on hand at year - end. The following purchases were make during the first

A company using the periodic system counted 700 units on hand at year-end. The following purchases were make during the first year of operations:
Jan 192,000 units purchased at $4 per unit
June 6300 units purchased at $5 per unit
Oct 2500 units purchased at $6 per unit
Using the periodic system, costing by the first in, first-out method (FIFO), what is the cost of the goods sold for the year?

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