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Best Finance Corporation has an Italian subsidiary ( Keith Solutions ) . In the remeasurement of the income statement, the value of beginning inventory is

Best Finance Corporation has an Italian subsidiary (Keith Solutions). In the remeasurement of the income statement, the value of beginning inventory is 3,000.
The purchases during the year amount to 21,800. The ending inventory is 4,800.
The exchange rate in the beginning is 1=$1.00. The average exchange rate is 1=$1.25, and the exchange rate at the time of acquisition of the ending inventory is 1
=$1.30. What is the remeasured value of cost of goods sold in dollars?
  

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