29) Jorst Manufacturing began business on January 1, 2014. During its first year of operation, Jorst worked on 5 industrial jobs, and reported the following information at year-end: Direct Materials Direct Labor Allocated Mfg. Overhead Job 1 1,000 12,000 1,500 Job 2 Job 3 Job 4 Job 5 7,500 4,000 3,500 1,500 20,000 13,000 12,000 800 6,000 2,500 7,500 200 Not Oct 15 Nov 1 completed Sep 12 Not sold Not sold N/A 39,000 N/A N/A N/A Sep 1 Job completed: Job sold: Revenues: Jun 30 Jul 10 25,000 Jorst's allocation of overhead costs left a debit balance of $1,200 in the Manufacturing Overhead account which was adjusted to zero at year-end. What was the amount of gross profit earned in 2014? A) $16,000 B) $1,700 C) $17,200 D) $14,800