Saguenay Limited reports the following information: sales $650,000; sales returns and allowances $25,000; sales discounts $55,000; cost of goods sold $320,000; administrative expenses $100,000; selling expenses $25,000; other revenues $20,000; other expenses $30,000; and income tax expense $25,000. Assuming Saguenay uses a multiple-step income statement, calculate the following:

(a) Net sales,

(b) Gross profit,

(c) Profit from operations,

(d) Profit before income tax, and

(e) Profit.