The following list of accounts is from the adjusted trial balance for Sarasota Corporation:

Accounts payable		$168,840		Equipment		$1,190,700
Accounts receivable		235,620		Income tax expense		76,860
Accumulated depreciationbuildings		123,480		Insurance expense		147,420
Accumulated depreciationequipment		286,020		Inventory		292,320
Advertising expenses		141,120		Land		1,386,000
Buildings		539,280		Loan payable (due in 2 years)		2,457,000
Cash		89,460		Prepaid expenses		36,540
Common shares		289,800		Property tax payable		22,680
Cost of goods sold		1,403,640		Refund liability		26,460
Deferred revenue		40,320		Salaries expense		977,760
Depreciation expense		236,880		Salaries payable		32,760
				Sales		3,306,240

Determine the amount of Sarasota's Gross profit.