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Question Background info : Listed below are some transactions for Oriole Products Ltd., which uses...

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Accounting

Question Background info : Listed below are some transactions for Oriole Products Ltd., which uses a perpetual inventory system and reports under ASPE.
May 2 : Sold inventory on account to Pharoah Inc., terms 210,n30. Selling price $22,000; cost $8,800.
May 3 : Received a portion of the inventory sold on the previous day because it was damaged and could never be sold in the
future. Selling price $1,650; cost $660.
May 5 : Received a portion of the inventory sold on May 2 that was in good condition and could be sold to other customers in the
future. Selling price $2,650, cost $1,320.
May 7 : Received payment in full from Pharoah Inc. for the amount due from the sale made on May 2.
MY QUESTION :
Determine the Oriole's gross profit based on the May Transactions
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