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Big Al's Alcohol, Tobacco, and Firearms sells moonshine by the gallon jug. In 2021 the company ended the year with 10 gallon jugs that each

Big Al's Alcohol, Tobacco, and Firearms sells moonshine by the gallon jug. In 2021 the company ended the year with 10 gallon jugs that each cost $20. In January 2022, Big Al bought another 25 gallon jugs or $22 each. In 2022, the company sold 30 gallon jugs for $45 each. If the company uses LIFO inventory, what is Big Al's Cost of Goods Sold on its 2022 income statement?

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