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82. A company had expenses other than cost of goods sold of $5 1,000. Determine sales and gross prot given cost of goods sold was
82. A company had expenses other than cost of goods sold of $5 1,000. Determine sales and gross prot given cost of goods sold was $25,000 and net income was $60,000. A) Sales: $136,000; Gross Prot: $111,000. B) Sales: $136,000; Gross Prot: $85,000. C) Sales: $85,000; Gross Prot: $136,000. D) Sales: $111,000; Gross Prot: $136,000. E) Sales: $60,000; Gross Prot: $25,000
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