Using the following information from a company that uses periodic inventory, what is the amount of gross profit? (all of the information may or may not be needed) 5.700 Purchases Merchandise inventory September 1 Sales returns and allowances Purchases returns and allowances Purchases discounts Merchandise inventory | September 30 Sales $960 6,370 63,000 1200 Freight In ,040 O 34,870 31.880 27,460 62,090