Used Cars Company uses the specific identification method of costing inventory. During March, the Company purchased three cars for $5,000, $6,000, and $8,000, respectively. During March, two cars are sold for $8,500 each. The Company determines that at March 31, the $8,000 car is still on hand. What is the Companys gross profit for March?

a.

$9,000

b.

$3,000

c.

$6,000

d.

$4,000