Taylor Corp.uses a job order costing system and worked only on Job 101 during the current period.Job 101 was sold for $460,000.The following information pertains to costs incurred for Job 101. 
Determine the amount of gross profit earned on Job 101.
Definitions:
Market Value
The current price at which an asset or service can be bought or sold in the open market, subject to supply and demand.
Reciprocal Services Method
A method used in cost accounting to allocate costs between interdependent departments, acknowledging mutual services they provide to each other.
Support Department Costs
The expenses associated with departments that do not directly produce goods or services but are necessary for the operation of the business, such as HR and IT departments.
Total Janitorial Department Cost
The complete expenses associated with maintaining and cleaning a facility, attributed to the janitorial department.
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