The following data is available for one of the products sold by Learning Tree, Inc., which uses the perpetual inventory system:

May 1		On hand, 1,000 units at $2.00 each		$2,000
5		Purchased 2,000 units at $2.75 each		5,500
10		Sold 2,500 units at $16 each
18		Purchased 2,000 units at $4.00 each		8,000
24		Sold 1,500 units at $12 each
31		On hand, 1,000 units

If the moving average method is used, what is the amount assigned to cost of goods sold for the 2,500 units sold on May 10?