ABC Company employs a periodic inventory system and sells its inventory to customers for $20 per unit. ABC Company had the following inventory information available for the month of May:

May 1    Beginning inventory 2,000 units @ $12 cost per unit

May 8    Sold 600 units

May 13   Purchased 1,400 units @ $10 cost per unit

May 18   Sold 800 units

May 19   Sold 300 units

May 21   Purchased 1,700 units @ $18 cost per unit

May 28   Purchased 1,400 units @ $16 cost per unit

May 30   Sold 900 units

During May, ABC Company reported operating expenses of $3,000 and had an income tax rate of 35%.

Calculate the amount of net income reported on ABC Company's income statement for May using the weighted average method. Do not use decimals in your answer.