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Crystal Inc. is a merchandiser of stone omaments. It sold 15,000 units in 2015. The company has provided the following information Sales Revenue $557,000 Purchases

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Crystal Inc. is a merchandiser of stone omaments. It sold 15,000 units in 2015. The company has provided the following information Sales Revenue $557,000 Purchases (excluding freight in) 300,000 Selling and Administrative Expenses 69,000 Freight In 15,000 Beginning Merchandise Inventory 45,000 Ending Merchandise Inventory 55,700 How much is the gross profit for 2015? $183,700 $304,300 $252,700 $257,000

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