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Bellows sold merchandise for $57,000 cash during the month month totaled $1,200. If the company's gross profit rate is 40% monthly net sales revenue and

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Bellows sold merchandise for $57,000 cash during the month month totaled $1,200. If the company's gross profit rate is 40% monthly net sales revenue and cost of goods sold of: 1) $57,000 and $33,480. 2) $57.000 and $34,200. 3) $55,800 and $22,320. 4) $55,800 and $33,480

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