Cost of Goods Sold, Profit margin, and Net Income for a Manufacturing Company The following information is available for Gonzalez Manufacturing Company for the month ending July 31, 2016: Cost of goods manufactured $286, 750 Selling expenses 95, 790 Administrative expenses 50, 640 Sales 610, 100 Finished goods inventory, July 1 68, 940 Finished goods inventory, July 31 62, 840 For the month ended July 31, 2016, determine Gonzalez's (a) cost of goods sold, (b) gross profit, and (c) net income