Mastermind is a chemical company that maintains a perpetual inventory system and utilizes the weighted average method. Mastermind provides the following information regarding the first two weeks of March: As of Gallons Unit Cost Extended Beg. Balance March 1 1,000 $7,150 Purchases: March 8 600 $7.20 $4,320 March 12 600 $7.30 $4,380 total 2,200 $15,850 $7.15 Sales: As of Gallons Unit Price Extended March 10 700 $16.35 $11,445 March 15 800 $16.35 $13,080 total 1,500 $24,525 Consider the March 15th sale of 800 gallons and select the answer below that shows the gross profit that will be reported by the company for this single sale. Rounding: do not round your intermediate calculations but do round your final gross profit to the nearest $1. A. $8,045 B. $7,286 OC. $7,345 OD. $7,303 OE $7,316