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

Accounts payable		$158,120		Equipment		$1,115,100
Accounts receivable		220,660		Income tax expense		71,980
Accumulated depreciationbuildings		115,640		Insurance expense		138,060
Accumulated depreciationequipment		267,860		Inventory		273,760
Advertising expenses		132,160		Land		1,298,000
Buildings		505,040		Loan payable (due in 2 years)		2,301,000
Cash		83,780		Prepaid expenses		34,220
Common shares		271,400		Property tax payable		21,240
Cost of goods sold		1,314,520		Refund liability		24,780
Deferred revenue		37,760		Salaries expense		915,680
Depreciation expense		221,840		Salaries payable		30,680
				Sales		3,096,320

1. Determine the amount of Ayayais gross profit.

Gross profit