The following accounts were extracted from the trial balance of Awesome Pte Ltd on the 30 June 2018: $ Sales 63,070 Purchases 34,300 Inventory at 1 July 8,190 2017 Return inwards 6,670 Return outwards 450 Carriage inwards 990 Carriage outwards 520 Salary expense 7,400 Discounts allowed 3,060 Depreciation 4,750 expenses The closing inventory was valued at $5,520. Calculate the Gross Profit for the year ended 30 June 2018. The closing inventory was valued at $5,520. Calculate the Gross Profit for the year ended 30 June 2018. 1) $17,960 2) $18,440 3) $18,890 4) $20,870