Martin Company has no beginning inventory. Martain purchased 500 units of inventory that cost $5.00 each. At a later date the company purchased an additional 700 units of inventory that cost $600 each. Martin sold 900 units of $8.00. If Martin uses a FIFO cost flow method, the amount of gross margin appearing on the income statement will be:
A) $2,300
B) $6,200
C) $1,800
D) $2,000