The following data were taken from the accounting records of Biko Lamps, Inc Balance at January 1, 2022 5,000 lamps @ P30 Purchases: January 8, 2022 1,200 lamps @ P32 January 20, 2022 800 lamps @ P34 Sales: January 6, 2022 1,600 lamps January 14, 2022 1,200 lamps If Biko Lamps uses a perpetual inventory system, the cost of the inventory using the movi average cost flow assumption at January 31, 2022 is?

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