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Monroe Company had a beginning inventory of 353 cans of paint at $12.30 each on January 1 at a cost of $434190. During the year.

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Monroe Company had a beginning inventory of 353 cans of paint at $12.30 each on January 1 at a cost of $434190. During the year. the following purchases were made: February 15 April 30 July 1 283 cans at $14.30 110 cans at $14.80 100 cans at $15.30 Monroe marks up its goods at 40% on cost. At the end of the year ending inventory showed 130 units remaining Calculate the amount of sales assuming a FIFO flow of inventory (Round your answer to the nearest cent.) Amount of sales

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