The following selected account balances were taken from Buckeye Company's general ledger at January 1, 2021 and December 31, 2021: January 1, 2021 December 31, 2021 Accounts receivable 68,000 44,000 Inventory 53,000 91,000 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.