Drago Company has a fiscal year end on December 31. The company has only one product in inventory, and all units of that product are identical (homogenous). The opening balance unit price is $13 per unit. Complete the following schedule to calculate the value of ending inventory using the weighted-average cost method under the perpetual inventory system. Then calculate the cost of goods sold for the year 2022.

Do not enter dollar signs or commas in the input boxes.

Round all answers to 2 decimal places.

Date	Purchases		Sales		Balance
	Quantity	Cost	Quantity	Cost	Quantity	Value
Jan 29					100	$Answer
Feb 8	17	$14.00			117	$Answer
Mar 14	12	$16.00			129	$Answer
Apr 1			12	$13.41	117	$Answer
Jul 20	40	$18.00			157	$Answer
Sep 24			10	$14.58	147	$Answer
Nov 20			16	$14.58	131	$Answer

Required

Calculate the cost of goods sold.

Cost of Goods Sold = $Answer