Big Bath Co. has the following purchases and sales of towels in the month of April. Beginning inventory on April 1 was 300 units at $8.00 each. Purchases April 13: 120 units at $7.50 each April 28: 140 units at $7.00 each Sales April 9: 190 units at $13.00 each April 15: 80 units at $12.50 each April 26: 110 units at $11.50 each What is the dollar amount of the gross profit for towels in April if the company uses a periodic LIFO cost flow assumption? You may round all inventory amounts to the nearest dollar. In the answer field, please put your answer in bold font and show your work to receive credit