Car Facts Inc. reports sales of $17,462,630 thousand and cost of sales of $13,691,824 thousand for the fiscal year ended February 28. The gross profit for the year is: Select one: a. $3,770,806 thousand b. $1,610,798 thousand c. 21.60% d. There is not enough information to determine gross profit. e. 78.4%

Car Facts inc, reports sales of $17,462,630 thousand and cost of sales of $13,691,824 thousand for the fiscal year ended February 28 . The gross profit for the year is: Select one: a. $3,770,806 thousand b. $1,610,798 thousand c. 21.60% d. There is not enough information to determine gross profit. e. 78.4%