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Martinez Corporation is a multi-product firm. The following information concerns one of its products, the Trinton: Date Transaction Quantity Price/ Cost Jan. 1 Beginning inventory

Martinez Corporation is a multi-product firm. The following information concerns one of its products, the Trinton:

Date Transaction Quantity Price/ Cost
Jan. 1 Beginning inventory 1,500 $11
Feb. 4 Purchase 2,390 16
Feb. 20 Sale 2,790 29
Apr. 2 Purchase 3,460 23
Nov. 4 Sale 2,800 36

Calculate cost of goods sold, assuming Martinez uses a periodic inventory system and weighted average cost formula.

Cost of goods sold $_______

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