Austin Powers plc$,$ the British subsidiary of a U$.$S$.$ company reported cost of goods sold in Great Britain Pounds for the current year ended December $31.$

The beginning inventory was $22500,$ and the ending inventory was $17600.$

Purchases of $28400$ were made evenly throughout the year.

Spot rates for various dates are as follows:

Date the beginning inventory was acquired

$1=$$$1\mathrm{.}04$

$1=$$$1\mathrm{.}09$

$1=$$$1\mathrm{.}18$

$1=$$$1\mathrm{.}03$

Rate at the start of the year

$1=$$$1\mathrm{.}09$

Average rate for the year

$1=$$$1\mathrm{.}18$

Date the ending inventory was acquired

$1=$$$1\mathrm{.}03$

ASSUME THE U$.$S$.$ DOLLAR IS THE FUNCTIONAL CURRENCY of the British subsidiary.

Given the facts above, the amount of cost of goods sold, restated in US $$,$ that should appear in the consolidated income statement is:

BE SURE TO TYPE A SIMPLE NUMBER WITH NO COMMAS OR DOLLAR SIGNS. FOR EXAMPLE, TYPE $1000$ INSTEAD OF $$1,000.$

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