omputing Gross Profit

The following data were taken from the accounts of Burnside Bedknobs, a retail business.

Sales$115,800Sales returns and allowances1,200Sales discounts360Merchandise inventory, January 129,500Purchases during the period109,300Purchases returns and allowances during the period1,820Purchases discounts taken during the period2,850Freight-in on merchandise purchased during the period1,560Merchandise inventory, December 3150,500

Determine the gross profit.