Sheffield Furniture Ltd$.$ uses a perpetual inventory system and has a beginning inventory, as at June $1,$ of $490$ bookcases at a cost of $$127$ each. During June, the company had the following purchases and sales of bookcases:PurchasesSalesDateUnitsUnit CostUnits Unit PriceJune $61,220$$$12910960$$$180141,800130161,55018526980131$Calculate Sheffield Furniture's gross profit and gross profit margin for the month of June. $($Round gross profit margin to $1$ decimal place, e$.$g$.15\mathrm{.}1\%$ and gross profit to $0$ decimal places, e$.$g$.5,275.)$Gross profit$Gross profit margin$\%$calculate only gross profit and gross profin margin for the month of june