Tristan, Inc., uses the LIFO cost-flow assumption to value inventory. It began the current year with 2,000 units of inventory carried at LIFO cost of $70 per unit. During the first quarter, it purchased 5,500 units at an average cost of $100 per unit and sold 6,300 units at $200 per unit.

Assume the company expects to replace the units of beginning inventory sold in April at a cost of $102 per unit and expects inventory at year-end to be between 1,500 and 2,000 units. What amount of cost of goods sold should be recorded for the quarter ended March 31?