Carla Vista Company sells one product. Presented below is information for January for Carla Vista Company.

Nov. 1		Inventory		260	units at $8 each
5		Purchase		170	units at $9 each
10		Sale		350	units at $18 each
15		Purchase		350	units at $8.50 each
21		Sale		380	units at $19 each
30		Purchase		400	units at $8.80 each

Carla Vista uses the FIFO cost flow assumption. All purchases and sales are on account.

Compute gross profit using the periodic system.

Gross Profit =