The production company memories inc. produce souvenirs. last year, raw material costs were $ 24,000 and factory wages $ 29,000. Sales and management expenses were $ 18,000 during the year and marketing expenses were $ 5,000. the company produced 6000 pieces of souvenirs during the year and sold 4000 pieces. The average selling price was 20 $ / pc. What was the profit for the year?