An artisanal bakery, "Crust & Crumb", has fixed monthly overheads of £3,200£3,200£3,200. Each sourdough loaf has a variable cost of £1.20 £1.20\,£1.20 and is sold at a retail price of £5.20£5.20£5.20. In November, the bakery produced and sold 1,100 1,100\,1,100 loaves.
What is the bakery's total profit for November?
£1,200£1,200£1,200
£2,520£2,520£2,520
£4,400£4,400£4,400
£800£800£800
