A company has the following information for its financial reporting year ended May 31, 2018: EEB Click on the icon to review the data.) Data Table Determine the company's gross profit. The gross profit for the year ended May 31, 2018 is $ Merchandise Inventory, June 1, 2017 14,500 Freight In $3,000 Merchandise Inventory, May 31, 201823,000 Net Sales Revenue 174,000 Purchases 85,000 Common Stock 28,000 Purchase Discounts 4,500 Retained Earnings 12,000 5,500 Purchase Returns and Allowances Print Done