Monroe Company had a beginning inventory of 350 cans of paint at $12 each on January 1 at a cost of $4,200. During the year, the following purchases were made:
February 15 280 cans at $14.00
April 30 110 cans at $14.50
July 1 100 cans at $15.00
Monroe marks up its goods at 40% on cost. At the end of the year, ending inventory showed 105 units remaining. calculate the amount of sales assuming a FIFO flow of inventory.