Waterway has thethe following inventory the following inventory information.

July 1 Beginning inventory 20 units at $20 $400

7th Purchases 50 units at $19 950

22nd purchases 50 units at $20 400

_________

$1750

A physical count of merchandise inventory on July 31st reveals that there are 40 units on hand. Using the fifo inventory method the amount allocated to the cost of goods sold for July is?