=+4 You open the new store on 1 January 2014, with the original salary-plus-commissions compensation plan in place. Because you expect the cost of the shoes to rise due to inflation, you place a firm bulk order for 50000 shoes and lock in the $19.50 price per unit. But, towards the end of the year, only 48000 shoes are sold, and you authorise a markdown of the remaining inventory to $18 per unit. Finally, all units are sold. Salespeople, as usual, get paid a commission of 5% of revenues. What is the annual profit for the store?