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In 2021, the BowWow Company purchased 14,660 units from its supplier at a cost of $14.00 per unit. BowWow sold 15,360 units of its product
In 2021, the BowWow Company purchased 14,660 units from its supplier at a cost of $14.00 per unit. BowWow sold 15,360 units of its product in 2021 at a price of $25.00 per unit. BowWow began 2021 with $833,210 in inventory (inventory is carried at a cost of $14.00 per unit). Using this information, compute BowWow's gross profit for 2021. Record your answer rounded to the nearest dollar. Do not include a dollar sign or commas in your answer. For example, record $1,234,567.89 as 1234568.
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