A company sells 100 units in June. Calculate the cost of goods sold using first-in, first-out (FIFO). Round to the nearest cent.
| Date | Units Received | Unit Cost |
|----------|----------------|-----------|
| June 4 | 40 | [tex]$1.80 |
| June 11 | 70 | $[/tex]1.50 |
| June 18 | 40 | [tex]$1.80 |
| June 25 | 50 | $[/tex]1.70 |
Total Cost of Goods Sold: $[?]