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The following selected account balances were taken from Buckeye Company's general ledger at January 1, 2021 and December 31, 2021: December 31,_ 2021 44,000 91,000

The following selected account balances were taken from Buckeye Company's general ledger at January 1, 2021 and December 31, 2021: December 31,_ 2021 44,000 91,000 January1, 2021 Accounts receivable Inventory 68,000 53,000 For 2021, Buckeye Company had an inventory turnover ratio of 11 and an average collection period of 18.25 days Calculate the amount of gross profit earned by Buckeye Company in 2021

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