Question 10 1.25 pts Based on the data provided what is the gross profit? Presented below is selected information from the Kudlick Company's current period accounting records (in $000s) Sales $25,000 Raw Materials Used 5,500 Direct Labor Costs 2,000 Period Costs (Selling and Administrative 5,000 Beginning Raw Material Inventory 600 Ending Raw Material Inventory 2,000 Net Income 600 Beginning Work-in-Process Inventory 0 Ending Work-in-Process Inventory 600 Beginning Finished Goods Inventory 1400 Ending Finished Goods Inventory 800 O $5,000 o $7,500 $5,600 O $4,400