1. Selected financial information from the adjusted trial balance for Eagle Corporation for the year ended December 31, 2019 is as follows:

Sales $122,500

Purchases 81,000

Transportation In 1,500

Sales returns 4,400

Purchase returns 2,500

Interest revenue 300

Purchase discounts 1,600

Delivery expense 1,000

Inventory 24,100

Administrative expenses 15,000

Loss from disposal of asset 4,200

A physical inventory count determined that the inventory in hand at December 31, 2019 was $33,000.

What is the companys gross profit for 2019?