On May 1, Sue Flay's DessertShop has 1,200 pre-packaged cakes in its inventory, which cost $25 per cake to manufacture.It manufactures no other cakes during May.It reports only thefollowing transactions forthe month:

• May 2: sells 400 cakes to Marsha Mellow at $92 per cake, with terms 2/10, net 30
• May 5: sells 550 cakes to C. Seor Foods at $90 per cake, with terms 3/10, net 20
• May 7: Marsha Mellow returns 20 cakes, which Sue Flay's Dessert Shop accepts
• May 11: Marsha Mellow pays the correct balance she owes
• May 16: C. Seor Foods is granted an allowance for 15 cakes which have spoiled
• May 26: C. Seor Foods pays the correct balance it owes

Questions:Assuming thejournal entries for each ofthese transactions were properly recorded:

1. What amount of gross profit should Sue Flay's Cake Shop report for the month ending May 31?
2. How much cash did Sue Flay's Cake Shop receive, in total, from its customers?