7. What would be the balance of "Sales discounts, returns and allowances" if you know that "Gross profit" equals $ 3,000,000, and "Sales revenues" equals $ 4,500,000, and "Cost of goods sold" equals $ 1,000,000? * (3 Points) $ 500,000 $ 1,500,000 None of provided answers is correct O $ 2,500,000