Zorro Company buys from wholesalers and resells a single product that costs $10 each unit. All purchases are paict in cash. There is a sales commission paid of 20% on each unit sold. Sales commissions and sales proceeds are also all in cash. Each unit sells for $30 . In year I the firm purchased 20,000 units and sold 15,000 units. In year 2 it purchased 20,000 units and sold 15,300 units. The firm uses FIFO inventory method for inventory costing. Required 1. Assuming no other transaction happened, the amount of gross Sales Revenue in year 2 is. $ Required 2: Assuming no other transaction happened, the amount of gross margin on sales in year 2 is: $ Required 3: Assuming no other transaction happened, what was the profit on sales for year 2? $