Dobler Company uses a periodic inventory system. Details for the inventory account for the month of January 2017 are as follows:

Units Balance, 1/1/2017 300 Purchase, 1/15/2017 150 Purchase, 1/28/2017 150

Per unit price

$5.00 $1,500

5.30 795 5.50 825

Total

An end of the month (1/31/2017) inventory showed that 240 units were on hand. If the company uses FIFO and sells the units for $10 each, what is the gross profit for the month?

A) $1,782

B) $1,818

C) $3,600

D) $2,400