Inventory information for Part 311 of Metlock Corp. discloses the following information for the month of June. June 1 11 Balance Purchased 296 units @ $13 June 10 Sold 204 units @ $31 801 units @ $15 15 Sold 495 units @$32 20 Purchased 501 units @ $17 27 Sold 296 units @ $35 Z 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) $ 16995