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ACY SIX Limited (ACY SIX) recorded below: Sales Year 3, $100,000; Year 2, $80,000 Year 1, $70,000 Year 3, $75,000 Year 2, $60,000; Cost of

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ACY SIX Limited ("ACY SIX") recorded below: Sales Year 3, $100,000; Year 2, $80,000 Year 1, $70,000 Year 3, $75,000 Year 2, $60,000; Cost of goods sold Year 1, $50,000 This is forecasted that: (i) ACY SIX would achieve the same sales growth rate in Year 4 as it did in Year 3; and (ii) the company would earn the same gross profit margin in Year 4 as it did in Year 3. Question With the assumptions above, which one of below is the estimated gross profit in Year 4? Select one: A. $20,000 B. $25,000 C. $31,250 D. $50,000

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