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 $175,030 Selling expenses 58,470 Administrative expenses 30,910 Sales 372,400 Finished goods inventory, January 1 42,080 Finished goods inventory, January 31 38,360 For the month ended January 31, determine Bandera's (a) cost of goods sold, (b) gross profit, and (c) net income. (a) Bandera Manufacturing Company Cost of Goods Sold January 31 S (b) Bandera Manufacturing Company Gross Profit January 31 (c) Bandera Manufacturing Company Net Income January 31 Operating expenses: Total operating expenses