Cost of goods sold, profit margin, and net income for a manufacturing OBJ. 3 company The following information is available for Crouching Alligator Manufacturing Company for the month ending October 31, 2016:

Cost of goods manufactured $450,000 Selling expenses 144,500 Administrative expenses 75,900 Sales 911,250 Finished goods inventory, July 1 101,250 Finished goods inventory, July 31 93,800 For the month ended October 31, 2016, determine Crouching Alligator’s

(a) cost of goods sold,

(b) gross profit, and

(c) net income.