Redford Ol Inc. is a wholesaler of of products with the folowing inventory data for 2017 Description Beginning inventory, January 1 Purchase Purchase Purchase Totals 200.000 100 000 200,000 200.000 600,000 Price $70.00 $60.00 $50.00 $45.00 Amount $14,000,000 6.000.000 10,000,000 4.500.000 $34,500,000 During 2017 Redford sold 200.000 unts of product with total revenues of $18,000,000. Redford has adopted the weighted average method of accounting for its inventories. Determine Redfords 2017 gross profit or loss Do Not enter dolar sign)