You work for a wholesale firm that distributes a single product. $57,600 is the value for opening inventory (1 Oct 2020). Closing inventory valuation conducted on 31 October 2020, $80 640

Purchases during the month were:

9 October 1,140 units @ 145 each

15 October 1,310 units @ 150 each

24 October 620 units@ 155 each

Sales during the month were:

Date Number of items selling price per item

$

12 October 1,040 205

21 October 1,840 220

The other cost besides the purchases were: Wages of staff $44,700; Premises expenses$42,750;

Administrative expenses are $13,620; Selling and marketing costs $17,890; Carriage inwards $ 3,750; Carriage outwards $4,120 and Depreciation $11,250

What is the net profit reported for the month of October 2020 based on the data provided above?

Exclude $, and space from your answer

example $ 430, 000 should be inputted as 430000