Using the following data taken from Hsu's Imports Inc. which uses a periodic inventory system, determine the gross profit to be reported on the income statement for the year ended March 31. 
Definitions:
Genuineness
The quality of being authentic, honest, and sincere in one's relationships and interactions with others.
Reflection
The act of mentally reviewing and contemplating one's thoughts, feelings, actions, and experiences for the purpose of learning or gaining insight.
Interpersonal Therapy (IPT)
A brief psychotherapy designed to help people with depression better understand and cope with problems relating to their interpersonal relationships.
Specific Phobias
Intense, irrational fears of specific objects or situations that pose little to no actual danger, but provoke anxiety and avoidance behaviors.
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