Accounts from the Perril Company's Income Statement, including some accounts and from the Perril Company's Balance Sheet, for the year ending December 31, 2021 are listed below: Additional paid in capital = $1,510 Beginning inventory = $520 Depreciation = $1,720 Dividends paid = $1,230 Ending inventory = $660 Gross sales = $16,120 Interest expense = $500 Notes payable = $3,750 Operating expenses (excluding depreciation) = $3,230 Purchases = $6,340 Returns and allowances = $150 Perril Company has a tax rate of 35 percent. Using the data above, compute what Perril Company (a retail clothing store) reported as Operating Profit (i.e., EBIT) on its 2021 income statement.