1) Ballpark Caps Co. has March 1 inventory of 110 units at a cost of $19 per unit. The company also has the following transactions during the month:

Purchases	Sales
March 9: 80 units at $18 per unit
	March 16: 130 units at $28 per unit
March 27: 150 units at $17 per unit

What is the months gross profit amount assuming the weighted-average cost flow assumption is used? Round all balance amounts to the nearest dollar and all price per units to the nearest penny. Please put your answer in bold font. you must show your work.