1. **State the problem:** Calculate the gross profit from the sales transactions given the inventory and purchase data. 2. **Formula for gross profit:** $$\text{Gross Profit} = \text{Sales Revenue} - \text{Cost of Goods Sold (COGS)}$$ 3. **Identify sales revenue:** Sum the unit prices of all vehicles sold. 4. **Identify COGS:** For each vehicle sold, use the cost price from beginning inventory or purchases before the sale date. 5. **Calculate sales revenue:** - April 8 sales: Focus C81362 at 26,100, Mustang G62313 at 32,600 - April 18 sales: Mustang G71891 at 32,200, F-150 F1921 at 33,000, Flex X3892 at 33,100, Escape E21202 at 32,600 Total sales revenue = 26,100 + 32,600 + 32,200 + 33,000 + 33,100 + 32,600 = $$189,600$$ 6. **Calculate COGS:** - Focus C81362 cost from beginning inventory = 24,400 - Mustang G62313 cost from beginning inventory = 29,800 - Mustang G71891 cost from April 12 purchase = 27,700 - F-150 F1921 cost from beginning inventory = 28,800 - Flex X3892 cost from beginning inventory = 30,300 - Escape E21202 cost from April 12 purchase = 28,600 Total COGS = 24,400 + 29,800 + 27,700 + 28,800 + 30,300 + 28,600 = $$169,600$$ 7. **Calculate gross profit:** $$\text{Gross Profit} = 189,600 - 169,600 = 20,000$$ **Final answer:** The gross profit is $20,000.