X Co acquired 80% of the equity share capital in Y Co on 31 July 20X6. Extracts from the two companies' statements of profit or loss for the year ended 30 September 20X6 were as follows:
????????????????????????????????????????????????????????????? X Co?????????????????????????? ?Y Co?
????????????????????????????????????????????????????????????? $'000????????????????????????? ?$'000
Revenue?????????????????????????????????????????????? ?3 400???????????????????????? ?2 400
Cost of sales???????????????????????????????????????? 1 500???????????????????????? ? 1 800
During the year ended 30 September 20X6, Y Co sold goods for $5 000 each month to X Co, at a mark up of 25%. At the end of the year X Co had 50% of these goods left in inventory.
What is the group gross profit for the year ended 30 September 20X6?