Alien Shirt Co. has the following information regarding its 2017 inventories:

Date	Description	Units	Price	Amount
1/1/2017	Beginning inventory, January1	7,500	$8.75	$65,625
3/31/2017	Purchase	1,300	$9.25	12,025
7/2/2017	Purchase	1,800	$9.70	17,460
11/18/2017	Purchase	6,700	$10.25	68,675
	Totals	17,300		$163,785

During 2017, Alien sold 8,000 units at a selling price of $12.00 per unit. Alien has adopted a last-in, first-out (LIFO) method of accounting for inventories. What is Aliens Gross Profit for 2017? $

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