Computing Gross Profit

The following data were taken from the accounts of Fluter Hardware, a small retail business.

Sales$121,500Sales returns and allowances910Sales discounts710Merchandise inventory, January 134,900Purchases during the period77,100Purchases returns and allowances during the period4,040Purchases discounts taken during the period2,380Freight-in on merchandise purchased during the period1,280Merchandise inventory, December 3132,300

Determine the gross profit.