The following information pertains to ABC Company:
• Manufacturing costs: $2,240,000
• Units manufactured: 32,000
• Price per unit: $110
• Beginning inventory: 1,500 units
• Ending inventory: 4,000 units
What is the amount of ABC Company's gross margin?
Instructions: In the box below, please input your answer without
adding $, commas, cents or any other symbol, label or word.