Sanfillipo, Inc., had 800 units of inventory on hand at March 1, 2006, costing $20 each. Purchases and sales of inventory during the month of March were as follows: Date Purchases March 8 Sales 600 units 15 400 units @ $22 each 22 400 units @ $24 each 27 400 units Sanfillipo uses the periodic inventory system. According to a physical count, 600 units were on hand at the end of March. The cost of inventory at the end of March applying the FIFO method is: