5. The following information is available for Mire Manufacturing Company for the month ending December 31: Description Amount Cost of goods manufactured $4,890,000 Selling expenses 560,000 Administrative expenses 420,000 Sales 6,900,000 Finished goods inventory, December 1 840,000 Finished goods inventory, December 31 775,000 For the month ended December 31, determine Mire Manufacturing's (A) cost of goods sold, (B) gross profit, and (C) net income