Callaway Corp., which began business at the start of the current year, had the following data: Planned and actual production: 80,000 units Sales: 77,000 units at $15 per unit Production costs: Variable: $4 per unit Fixed: $384,000 Selling and administrative costs: Variable: $2 per unit Fixed: $62,000 The gross margin that the company would disclose on an absorption-costing income statement is: