In 2021, the BowWow Company purchased 14,550 units from its supplier at a cost of $15.00 per unit. BowWow sold 12,850 units of its product in 2021 at a price of $22.00 per unit. BowWow began 2021 with $918,460 in inventory (inventory is carried at a cost of $15.00 per unit). Using this information, compute BowWow's gross profit for 2021.