Sunland Company began the year with 9 units of marine floats at a cost of $11 each. During the year, it made the following purchases: May 5, 28 unit at $16; July 16, 19 units at $19; and December 7, 24 units at $23. Assume there are 36 units on hand at the end of the period. Sunland uses the periodic approach.

Determine the cost of goods sold under FIFO.