ABC Company employs a periodic inventory system and sells its inventory to customers for $25 per unit. ABC Company had the following inventory information available for the month of May: 

May 1 Beginning inventory 5,000 units @ $9 cost per unit May 6 Purchased 4,000 units @ $11 cost per unit May 8 Sold 3,000 units May 13 Purchased 2,000 units @ $5 cost per unit May 18 Sold 2,500 units May 21 Purchased 2,500 units @ $8 cost per unit May 28 Sold 1,800 units May 30 Purchased 2,000 units @ $18 cost per unit 

Calculate the amount of gross profit shown on ABC Company's income statement for May using the weighted average method. Do not use decimals in your answer.