The following list of accounts is from the adjusted trial balance for Bridgeport Corporation: Accounts payable Accounts receivable Accumulated depreciation-buildings Accumulated depreciation equipment Advertising expenses Buildings Cash Common shares Cost of goods sold Deferred revenue Depreciation expense $150,080 209,440 109,760 254,240 125,440 479,360 79,520 257,600 1,247,680 35,840 210,560 Equipment Income tax expense Insurance expense Inventory Land Loan payable (due in 2 years) Prepaid expenses Property tax payable Refund liability Salaries expense Salaries payable Sales $1,058,400 68,320 131,040 259,840 1,232,000 2,184,000 32,480 20,160 23,520 869,120 29,120 2,938,880 (a) Determine the amount of Bridgeport's gross profit. Gross profit $