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 $139,830 Selling expenses 46,710 Administrative expenses 24,690 Sales 297,500 Finished goods inventory, January 1 33,620 Finished goods inventory, January 31 30,640 For the month ended January 31, determine Bandera's (a) cost of goods sold, (b) gross profit, and TC) net income. (a) Bandera Manufacturing Company Cost of Goods Sold January 31 Finished goods inventory, January 1 (b) Bandera Manufacturing Company Gross Profit January 31 (c) Bandera Manufacturing Company Net Income January 31 Operating expenses: Total operating expenses