Wood Products Inc. has provided the following data for the previous year:

Units sold during the previous year: 12,000 units

Selling price per unit: $125

Direct materials per unit: $25

Direct manufacturing labor per unit: $20

Variable manufacturing overhead per unit: $40

Fixed manufacturing costs: $150,000

Budgeted production at the beginning of the year: 15,000 units

Variable marketing cost per unit: $5

Fixed marketing cost: $25,000

Number of units in opening inventory: 0 units

Number of units in ending inventory: 3,000 units

What was the profit of Wood Products Inc. for the previous year if the method of inventory costing adopted was absorption costing?