Lee Company uses a job order costing system with overhead applied to products on the basis of machine hours. For the upcoming year, the company estimated its total manufacturing overhead costs at $345,000 and total machine hours at 22,000. During the first month of operations, the company worked on three jobs and recorded the following actual direct costs and machine hours for each job: Job #1 Job #2 Job #3 Direct Materials $30,000 $40,000 2,000 $40,000 $29,000 Direct Labor $50,000 $20,000 500 Machine Hours 555 The status of each job at the end of the month is as follows: Job #1 was completed but not sold. Job #2 was completed and sold for $131,000 Job #3 is still in process. Actual overhead costs recorded during the first month of operations totaled $35,350. What is gross profit for the month after adjusting cost of goods sold for over/under applied overhead? Do not round intermediate calculations. Round final answer to the nearest dollar