North Shore Manufacturing began business on January 1. During its first year of operation, North Shore worked on 2 industrial jobs and reported the following information at year-end:

Job 1

Direct Labor and Materials $22,800

Allocated Mfg. Overhead $3,200

Job 2

Direct Labor and Materials $13,400

Allocated Mfg. Overhead $4,700

North Shore's allocation of overhead costs left a credit balance of $1,700 in the Manufacturing Overhead account, which was adjusted to zero at year-end. Total sales during the year were $102,000. What was the amount of gross profit earned during the year?

Question 8 options:

	$45,800
	$59,600
	$35,600
	$42,400