Martinez Corporation is a multi-product firm. The following information concerns one of its products, the Trinton:

Date			Transaction				Quantity			Price/ Cost
Jan.		1		Beginning inventory			1,500			$11
Feb.		4		Purchase			2,390			16
Feb.		20		Sale			2,790			29
Apr.		2		Purchase			3,460			23
Nov.		4		Sale			2,800			36

QUESTION:

Calculate cost of goods sold, assuming Martinez uses a periodic inventory system and FIFO cost formula.

Cost of goods sold

$ ________