Consider the following incomplete income statement:
2013 Income Statement Sales $2,607,300.00 COGS 40.00% of sales Gross Profit Margin 60.00% of sales Selling & Administrative $786,600.00 Depreciation & Amortization Operating Profit Margin 12.00%
What is the cost of goods sold for 2013?
Answer Format: Currency: Round to: 2 decimal places