Urban Glam Cosmetics made purchases of lipstick in the current year as follows:

Jan. 1 Beginning inventory		89	units		@	$	13.00		=	$	1,157
Mar. 14 Purchased		320	units		@	$	14.00		=		4,480
July 30 Purchased		570	units		@	$	15.00		=		8,550
Units available for sale		979	units
Cost of goods available for sale										$	14,187

Urban Glam Cosmetics made sales on the following dates at a selling price of $36 per unit:

Assume that Urban Glam Cosmetics uses the specific identification method to cost inventory. The 847 units were specifically sold as follows:

Jan.	10:	77	units from beginning inventory
Mar.	15:	10	units from beginning inventory, and
		240	units from the March 14 purchase
Oct.	5:	57	units from the March 14 purchase, and
		463	units from the July 30 purchase

Calculate cost of goods sold and the gross profit.