1.) A company had the following results last period. What is the total cost of goods sold?

2.) A company had the following results last period. What is the gross profit?

3.) A company had the following results last period. What are the total expenses?

4.) A company had the following results last period. What is the net profit (loss)?

Table 1 Income Statement Data Units sold Unit cost Price Advertising Consumer promotion Personal selling Dealer promotions Product development 150,000 $40.00 $90.00 $1,200,000 $1,600,000 5 salespeople @$80,000 each $1,300,000 $900,000