The information presented below for XYZ Company for the year ended December 31st 2020. Cost of goods sold Gain on sale of investments Gain on sale of equipment Salary expense Administrative expense Unearned revenue Sales discount Account receivable Casualty loss from fire $1,256,000 Rent expense 17,000 Sales returns 112,000 Sales 115,000 Interest expense 112,500 Income tax expense 112,300 Prepaid rent 12,500 Salary payable 110,000 Loss on sale of shares 50,000 Depreciation expense $112,000 115,000 2,150,000 40,000 79,300 5,700 11,000 2,000 120,000 Gross sales for the period is_$