Gabuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Selling price $ 122 Units in beginning inventory 0

Units produced 2,100

Units sold 1,680

Units in ending inventory 420

Variable costs per unit:

Direct materials $ 37

Direct labor $ 31

Variable manufacturing overhead $ 5

Variable selling and administrative expense $ 7

Fixed costs:

Fixed manufacturing overhead $ 16,800

Fixed selling and administrative expense $ 11,760

The total gross margin for the month under the absorption costing approach is: