20) Information from the records of Chrome Ponies Enterprises for June 2018 is as follows (1.67pts) Sales $41,000 Direct labor 10,000 7,000 Selling and administrative expenses Direct materials purchases Factory overhead 6,000 13,500 Inventories June 1. 2018 June 30, 2018 $1,200 $1,400 Direct materials Work in process Finished goods 2,500 2,800 2,300 1,900 What is the gross margin (profit)