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XYZ Co . sells sweet tea by the gallon jug. In 2 0 2 1 the company ended the year with 1 0 gallon jugs

XYZ Co. sells sweet tea by the gallon jug. In 2021 the company ended the year with 10 gallon jugs that each cost $20. In January 2022, XYZ bought
another 25 gallon jugs at $23 each. In 2022, the company sold 30 gallon jugs for $45 each. If the company uses LIFO inventory, what is XYZ's Cost of
Goods Sold on its 2022 income statement?
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