14. (Answer & Solving Process) The following information pertains to Pfizer Corporation: Beginning work-in-process inventory Ending work-in-process inventory Beginning finished goods inventory Ending finished goods inventory Cost of goods manufactured Sales $18,000 25,000 36,000 31,000 241,000 302,000 What is the gross profit earned by the company? 1 $246,000 2 $66,000 3 $54,000 $61,000 6 $56,000 7/8