The Soft Company has provided the following information: Allowance for doubtful accounts increased $19,000 and accounts receivable increased $390,000 during the year. Net sales totaled $2,700,000. The gross profit percentage was 40%. Accounts written off as uncollectible totaled $20,000 How much was Soft's gross profit? $1,040,000 $1,072,400 $1,032,400 $1,080,000