Murray Industries utilizes a perpetual inventory system.

During August 2020, Murray reported the following transactions:

August 1: Purchased $20,000 of inventory with terms 5/10, n/30.

August 5: Paid $4,750 on balance to supplier in previous transaction.

August 12: Paid the remaining balance to supplier.

August 15: Sold the inventory purchased on August 1st to customer for $30,000 with terms 2/5, n/60.

August 18: Received $4,900 on balance from customer in previous transaction.

August 28: Received an additional $20,000 payment from the customer.

What amount would Murray record as gross profit for the month?