Monroe Company had a beginning inventory of 364 cans of paint at $13.40 each on January 1 at a cost of $4,877.60. During the year, the following purchases were made:

Monroe Company had a beginning inventory of 364 cans of paint at $13.40 each on January 1 at a cost of $4,877.60. During the year, the following purchases were made: February 15 April 30 July 1 294 cans at $15.40 130 cans at $15.90 120 cans at $16.40 Monroe marks up its goods at 30% on cost. At the end of the year, ending inventory showed 125 units remaining. Calculate the amount of sales assuming a FIFO flow of inventory. (Round your answer to the nearest cent.) Amount of sales $ 1,954.53