. Here are data regarding Steel Enterprises current year operations:

Units produced during year	1,700
Units sold during year	1,400
Selling price	$130 per unit
Variable manufacturing costs	$61 per unit
Variable selling and administrative expenses	$10 per unit
Fixed manufacturing overhead	$35,700 total
Fixed selling and administrative expenses	$8,000 total

Using absorption costing, what is gross profit for the year?