Monroe Company had a beginning inventory of 363 cans of paint at $13.30 each on January 1 at a cost of $4,827.90. During the year, the following purchases were made: February 15 April 30 July 1 293 cans at $15.30 120 cans at $15.80 110 cans at $16.30 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. (Round your answer to the nearest cent.) Amount of sales

Monroe Company had a beginning inventory of 363 cans of paint at $13,30 each on January 1 at a cost of $4,827,90. 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. (Round your answer to the nearest cent.)