Balance, 1/1/13 Purchase, 1/15/13 Purchase, 1/28/13 Units 200 100 100 Per unit price $5.00 5.30 5.50 Total $1,000 530 550 Effie Company uses a periodic inventory system. Details for the inventory account for the month of January, 2013 are as follows: An end of the month (1/31/13) inventory showed that 140 units were on hand. If the company uses FIFO and sells the units for $10 each, what is the gross profit for the month? $1,220 $1.282 $1,838 $1,900