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Bonita's Used Cars uses the specific identification method of costing inventory. During March, Indrisano purchased three cars for $11500,$14700, and $19100, respectively. During March, two

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Bonita's Used Cars uses the specific identification method of costing inventory. During March, Indrisano purchased three cars for $11500,$14700, and $19100, respectively. During March, two cars are sold for a total of $35000. Bonita determines that on March 31 , the $14700 car is still on hand. What is Bonita's gross profit for March? $5200 $1200 $8800 $4400

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