1 Murrayas Fashions sold merchandise for 152,000 cash during the month of July. Returns that month totaled 3,200. If the companyas gross profit rate is 40%, Murraya s will report monthly net sales revenue and cost of goods sold of 152,000 and 60,800 A148,800 and 59,520 AE148,800 and 89,280 A152,000 and 89,280 O