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Eneri Company's inventory records show the following data: UnitsUnit Cost Inventory, January 110,000$9.20Purchases: June 189,000$8.00Purchases: November86,000$7.00 A physical inventory on December 31 shows 4,000 units

Eneri Company's inventory records show the following data:

UnitsUnit CostInventory, January 110,000$9.20Purchases: June 189,000$8.00Purchases: November86,000$7.00

A physical inventory on December 31 shows 4,000 units on hand. Eneri sells the units for $13 each. The company has an effective tax rate of 20%. Eneri uses the periodic inventory method. If the company uses FIFO, what is the gross profit for the period?

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