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58 The following information has been provided by Duker Inc.: Cash sales, $610,000 Credit sales, $1,510,000 Selling and administrative expenses, $490,000 Sales returns and

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58 The following information has been provided by Duker Inc.: Cash sales, $610,000 Credit sales, $1,510,000 Selling and administrative expenses, $490,000 Sales returns and allowances, $106.000 Gross profit. $1,520,000 Increase in accounts receivable, $71,000 Bad debt expense, $49.000 Sales discounts, $59,000 Net income, $1,030,000 Duker's cost of sales is how much? Multiple Choice $484,000 Help Save & Exit

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