Culver Furniture Ltd. uses a perpetual inventory system and has a beginning inventory, as at June 1 , of 500 bookcases at a cost of $131 each. During June, the company had the following purchases and sales of bookcases: Calculate Culver Furniture's gross profit and gross profit margin for the month of June. (Round gross profit margin to 1 decimal eg. 15.1 and gross profit to the nearest whole dollar, e.g. 1525.) Gross profit Gross profit margin %