Multiple Choice Question 124 Pharoah Company uses a periodic inventory system. Details for the inventory account for the month of January 2017 are as follows: Units Per unit price Total Balance, 1/1/2017 370 $6.0 $2220 Purchase, 1/15/2017 190 Purchase, 1/28/2017 190 6.6 6.8 1254 1292 An end of the month (1/31/2017) inventory showed that 300 units were on hand. If the company uses FIFO and sells the units for $12.0 each, what is the gross profit for the month? 0 $2748 $3600 O $2652 $5400