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Inventory information for Part 311 of Bonita Corp. discloses the following information for the month of June. June 1 Balance 304 units @ $13 June

Inventory information for Part 311 of Bonita Corp. discloses the following information for the month of June.

June 1

Balance

304 units @ $13

June 10

Sold

205 units @ $30

11

Purchased

804 units @ $15

15

Sold

504 units @ $32

20

Purchased

498 units @ $16

27

Sold

295 units @ $34

Assuming that the perpetual inventory method is used and costs are computed at the time of each withdrawal, what is the gross profit if the inventory is valued at FIFO

Gross Profit (FIFO)

=$________

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