A company reports sales of $1,090,000, sales discounts of $4,000, sales returns and allowances of $13,000, cost of goods sold of $545,000, general and administrative expenses of $27,000, and selling expenses of $44,000. Compute gross profit. Gross profit

A company reports sales of $1,090,000, sales discounts of $4,000, sales returns and allowances of $13,000, cost of goods sold of $545,000, general and administrative expenses of $27,000, and selling expenses of $44,000. Compute. gross profit. Geoss profit