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A company reported the following: What is the amount of gross profit? Multiple Choice $83,120 $98,950 $121,000 $108,360 A company reported the following: $23,200 Cost

image text in transcribed A company reported the following: What is the amount of gross profit? Multiple Choice $83,120 $98,950 $121,000 $108,360

A company reported the following: $23,200 Cost of Goods Sold General, Selling, and Administrative Income Tax Expense Inventory Net Income Sales Revenue 292, Sales Discounts Sales Returns & Allowances What is the amount of gross profit? Multiple Choice Expenses 53,120 3,920 16, soo 26,080 3,040 2,640 O O O S83,120 S98,9S0 $21,000 508,360

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