Monroe Company had a beginning inventory of 351 cans of paint at $12.10 each on January 1 at a cost of $4,247.10. During the year, the following purchases were made:

February 15	281 cans at $14.10
April 30	120 cans at $14.60
July 1	110 cans at $15.10

Monroe marks up its goods at 40% on cost. At the end of the year, ending inventory showed 115 units remaining. Calculate the number of sales assuming a FIFO flow of inventory.

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

Monroe Company had a beginning inventory of 351 cans of paint at $12.10 each on January 1 at a cost of $4,247.10. During the year, the following purchases were made: Monroe marks up its goods at 40% on cost. At the end of the year, ending inventory showed 115 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