BCD Company had the following transactions for the month. Beginning Inventory Purchased Aug 1 Purchased Aug 18 Total Available for Sale Ending Inventory Number of Units 700 650 774 2,124 150 Total Cost $24,500 $27,300 $34,830 $86,630 Calculate the gross margin for the period using the LIFO (last in, first out) cost allocation methods, using periodic inventory updating. Assume that all units were sold for $50 each. (enter numbers only. Do not include commas or decimals. For example 25,000 would be entered as 25000)