Alex Karev Inc. sells medical supplies. During the past year the company's sales were $3.4 million. The cost of its merchandise sold came to $1.7 million, and cash operating expenses were $394.000; depreciation expense was $108,000, and the form paid $152,000 in interest on its back loans. Also, the corporation received $48,000 in dividend income but paid $30.000 in the form of dividends to its own common stockholders. Calculate the corporation's gross profits. O $1,306,000 $1,046,000 $1,700,000 $1.198,000 $1,016,000 Question 18 1 pts Calvin Johnson has a $5,000 debt balance on his Visa card that charges 18,6% compounded monthly Calvin's current minimum monthly payment is 3% of his debt balance, which is $150. How many months (round up) will it take Calvin Johnson to pay off his credit card if he pays the current minimum payment of $150 at the end of each month? 54 He will never be able to pay it off. 48 61 42 34 MD Dre