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Sunland's Used Cars uses the specific identification method of costing inventory. During March, Sunland purchased three cars for $11700, $14400, and $18800, respectively. During March,

Sunland's Used Cars uses the specific identification method of costing inventory. During March, Sunland purchased three cars for $11700, $14400, and $18800, respectively. During March, two cars are sold for a total of $34400. Sunland determines that at March 31, the $14400 car is still on hand. What is Sunlands gross profit for March?

$3900.

$2900.

$1200.

$8300.

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