I always fall into this trap, but it is indeed, out of the $2000+.
I think about it like this, had he not sold it to this guy, would he have sold it for that price? If he would have, he would have 2K in his bank account. Because he is out of the suit, he is out of that whole amount.
Sure, his "profit" is likely much less than 2K, but you have to remember he lost the profit AND the cost of the suit. Add those together and he is out the full amount, which sucks.