The inventory records for Raymond Co. reflected the following

Beginning Inventory @ May 1	300 units @ $1.50
First Purchase @ May 7	480 units @ $2.10
Second Purchase @ May 17	490 units @ $2.10
Third Purchase @ May 23	280 units @ $2.00
Sales @ May 31	1,350 units @ $2.40

Determine the amount of gross margin assuming the weighted average cost flow method. (Do not round average cost per unit and round your answer to the nearest whole number.)

$560

$753

$586

$393