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Cullumber Corp's sales slumped badly in 2 0 2 0 . For the first time in its history, it operated at a loss. The compary's

Cullumber Corp's sales slumped badly in 2020. For the first time in its history, it operated at a loss. The compary's income statement showed the following results from selling 555,500 units of product: sales $2,777,500, total costs and expenses $2,869,375. and net loss $91875. Costs and expenses consisted of the amounts shown below.
\table[[Cost of goods sold,$2,358,315,$1905,365,$452,950
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