Al Inc. is a merchandising company. All inventory sales and purchases are made on account.

During June, Al collected $270,000 of cash from its customers and its accounts receivable balance decreased by $8,000. Al also paid $218,000 of cash to its suppliers of inventory and its accounts payable balance decreased by $15,000. Al's merchandise inventory balance did not increase or decrease during the month of June. What is Al gross margin for the month of June?