2. The following relate to the Farr Corporation for the month of April: Sales Revenue $170,000 Gain on the Sale of Land $20,000 Equipment $125,000 Tax Expense $14,000 Inventory $10,000 Dividends Paid $7,000 Loss on Lawsuit $24,000 Cost of Goods Sold $82,000 Advertising Expense $15,000 a. Determine Farrs gross profit for the month of April. b. Determine Farrs net income for the month of April. c. If retained earnings at the beginning of April is reported as $800,000, what should retained earnings be reported as at the end of April?