JoCo uses the periodic method and FIFO costing. JoCo's December 31, 2002 inventory cosists of 400 units bought in November, 2002 @ $11. During 2003, JoCo made the following purchases: 1,800 units @ $14 in January; 2,200 units @ $17 in July; and 2,300 units @ $13 in October. The December 31, 2003 inventory consists of $1,300 units. JoCo's 2003 cost of goods sold is