Gross Profit Zone Company sells radar ranges purchased from suppliers in Europe. Zone incurred the following costs associated with acquiring and selling inventory in 2000:

During the year, Zone purchased 5,000 radar ranges, and it sold 3,600 of them for $210 each. Compute the gross profit on Zone Company’s sales for 2000.

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Invoice price of radar ranges purchased Cost of uncrating and checking inventory Freight costs for inventory purchased Costs of advertising in local newspapers Quantity discount granted by suppliers $420,000 190,000 70,000 40,000 60,000