Cost of Goods Sold, Profit margin, and Net Income for a Manufacturing Company The following information is available for Bandera Manufacturing Company for the month ending January 31: Cost of goods manufactured Selling expenses Administrative expenses Sales Finished goods inventory, January 1 Finished goods inventory, January 31 For the month ended January 31, determine Bandera's (a) cost of goods sold, (b) gross profit, and (c) net income. $299,610 100,080 52,910 637,460 72,030 65,660 Bandera Manufacturing Company Cost of Goods Sold January 31