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:
Relational Models
Theories or frameworks that describe the types and dynamics of relationships between individuals or entities.
Drive Reduction
A motivational theory suggesting that behavior is driven by the need to reduce internal tension caused by unmet biological needs, such as hunger or thirst.
Menninger Foundation
An organization dedicated to mental health care, training, and research, known for pioneering work in psychiatry and psychology.
Psychotherapy Research Project
An investigative endeavor aimed at exploring the effectiveness, methodologies, or other aspects of psychotherapeutic practices.
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