Arianell, Inc. reports the following information for August: Sales Revenue $800,000 Variable Cost of Goods Sold 110,000 Fixed Cost of Goods Sold 45,000 Variable Selling and Administrative Costs 100,000 Fixed Selling and Administrative Costs 70,000 Calculate the gross profit for August using absorption costing. $730,000 $690,000 $700,000 $645,000