BL acquired 60% of PY on 1 March 20X9. In September 20X9 BL sold $46,000 worth of goods to PY. BL applies a 30% mark-up to all its sales. 25% of these goods were still held in inventory by PY at the end of the year. An extract from the draft statements of profit or loss of BL and PY at 31 December 20X9 is: BL $ PY $ Revenue 955,000 421,500 Cost of sales (407,300) (214,600) Gross profit 547,700 206,900 All revenue and costs arise evenly throughout the year. What will be shown as gross profit in the consolidated statement of profit or loss of BL for the year ended 31 December 20X9? (Give your answer to the nearest $)