During its first year of operation Mazer Manufacturing Company produced 11,500 units of inventory and sold 2,750 units. Mazer incurred variable product cost of $2.1 per unit and $16,560 of fixed manufacturing overhead costs. The sales price of the products was $11.5 per unit. Determine the amount of gross margin Mazer would report if the company uses absorption costing and net income using variable costing. (Do not round intermediate calculations.)