A company had the following purchases and sales during its first year of operations: 
On December 31,there were 26 units remaining in ending inventory.Using the Periodic FIFO inventory valuation method,what is the value of cost of goods sold? (Assume all sales were made on the last day of the month.)
Definitions:
Racially Segregated
The enforced separation of different racial groups in daily life, whether by law or through social norms.
Firm's Profits
The financial gains that a company makes after subtracting all its costs from its total revenues.
Human Capital
Proficiencies, education, and experiences attributed to an individual or a group, appraised concerning their fiscal value or expense to a business entity or a national economy.
Social Processes
Patterns of interaction between individuals and groups that shape society and social change over time.
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