Joe Burrow, Inc. engaged in the following inventory transactions this period: Date Purchase Sale Beg 50 Units @ $20 cost each 1/10 40 Units @ $35 retail each 1/15 35 Units @ $18 cost each 1/20 1/25 20 Units @ $16 cost each 25 Units @ $35 retail each Using a periodic approach, What is Burrow's January gross profit using Weighted Average? Round any preliminary calculations to two decimal places. O $1,068. O $1,207. O $2,275. O $1,105