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Monroe Company had a beginning inventory of 349 cans of paint at $11.90 each on January 1 at a cost of $4,153.10. During the year,

Monroe Company had a beginning inventory of 349 cans of paint at $11.90 each on January 1 at a cost of $4,153.10. During the year, the following purchases were made:

February 15 279 cans at $13.90
April 30 120 cans at $14.40
July 1 110 cans at $14.90

Monroe marks up its goods at 40% on cost. At the end of the year, ending inventory showed 135 units remaining. Calculate the amount of sales assuming a FIFO flow of inventory.

Note: Round your intermediate calculations and final answer to the nearest cent.

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