Lowell Company had the following inventory in fiscal 2019. The company uses the FIFO method of accounting for inventory.

Beginning Inventory, August 1, 2011: 140 units @ $19.50 Purchase 300 units @ $19.00 Purchase 50 units @ $20.00 Purchase 120 units @ $20.30 Ending Inventory, July 31, 2012: 120 units

The company's cost of goods sold for fiscal 2019 is:

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