Kermit Corporation had the following transactions during the month of July: 7/1 Beginning Inventory 200 units @ $7 each 7/5 Sold 150 units @ $11 each 7/12 Purchased 90 units @ $8 each 7/20 Sold 130 units @ $12.50 each 7/25 Purchased 70 units @ $8.30 each Kermit Corporation uses a perpetual LIFO system. What is the cost of goods sold for the month of July