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Company X sells widgets. The following information summarizes the company's operating activities for the year. Beginning inventory $7,500 Sales revenue $25,900 Sales commissions $400 Rent

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Company X sells widgets. The following information summarizes the company's operating activities for the year. Beginning inventory $7,500 Sales revenue $25,900 Sales commissions $400 Rent for office $2,700 Utilities for the office $1,500 Purchases $6,400 Ending inventory $5,200 What is gross profit? O A. $21,700 OB. $15,700 O C. $17,200 OD. $12,600

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