### What is sam gross profit for march

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##### Reference no: EM13130694

Sam's Used Cars uses the specific identification method of costing inventory. During March, Sam purchased three cars for \$6,000, \$7,500, and \$9,750, respectively. During March, two cars are sold for \$9,000 each. Sam determines that at March 31, the \$9,750 car is still on hand. What is Sam’s gross profit for March?

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