Taylor Co had the following inventory data: Beginning inventory 3,000 units at $4 a unit Purchase 1 consisted of 2,500 units at $4.25 a unit Purchase 2 consisted of $1,500 units at $4.50 a unit. During the period, Taylor Co sold 4,300 units for $7 a unit. If Taylor Co uses LIFO inventory what was the value of cost of goods sold