Using the following data taken from Payton Inc., which uses a periodic inventory system, determine the gross profit to be reported on the income statement for the year ended May 31. 
Definitions:
Variable Capacitance Sensors
Sensors that detect changes in capacitance, which can be used to measure various parameters, such as pressure, position, or acceleration.
Potentiometers
Potentiometers are variable resistors used to measure the electrical potential (voltage), often found in devices for adjusting volume or tuning.
One-speed Fallback
A safety feature in some electrical or mechanical systems that allows operation at a safe, reduced speed in case of some failures.
Auxiliary Section
A supplementary part of a device, machine, or system serving an additional or secondary function.
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