Salmone Company reported the following purchases and sales of its only product. Salmone uses aperpetualinventory system. Determine the cost assigned to cost of goods sold using FIFO.

DateActivitiesUnits Acquired at CostUnits Sold at RetailMay 1Beginning Inventory320 units @ $175Purchase305 units @ $1910Sales225 units @ $2715Purchase185 units @ $2024Sales175 units @ $28