A business reports gross profit of $50,000 and operating profit of $25,000. The following costs were left out by mistake by the bookkeeper:

Freight-in$1,200

Freight-out$2,000

Discount Allowed$2,800

Discount Received$3,200

The revised profit figures would be:

Select one:

a.Gross profit $48,800; Operating profit $23,400

b.Gross profit $52;000; Operating profit $20,200

c.Gross profit $46;800; Operating profit $22,200

d.Gross profit $50;000; Operating profit $25,000

e.Gross profit $53,200; Operating profit $23,400