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ABC Company employs a periodic inventory system and sells its inventory to customers for $ 2 0 per unit. ABC Company had the following inventory

ABC Company employs a periodic inventory system and sells its
inventory to customers for $20 per unit. ABC Company had the
following inventory information available for May:
May 1 Beginning inventory 1,900 units @ $10.20 cost per unit
May 3 Purchased 2,100 units @ $11.60 cost per unit
May 8 Sold 1,400 units
May 13 Purchased 3,700 units @ $8.10 cost per unit
May 18 Sold 2,600 units
May 20 Purchase 4,100 units @ $14.70 cost per unit
May 24 Sold 2,900 units
May 30 Purchased 2,200 units @ $12.60 cost per unit
During May, ABC Company reported operating expenses of $14,000
and had an income tax rate of 36%.
Calculate the amount of gross profit shown on ABC Company's
income statement for May using the weighted average method.
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