During 2020, Marigold Co-generated net sales of $96000. The company's expenses were as follows: cost of g00ds sold of $49000, operating expenses of $17000 and a loss on the sale of equipment of $2600. Marigold's net income is $47000$96000$30000$27400 Current Attempt in Progress During March 2020. Pharoah Company generated sales revenues of $165000. The company's sales returns and allowances were \$2.1000 and sales discounts were s4300. Pharoah' expenses and gains were as followsccost of goods sold of $83000, operating expenses of $33900, interest expense of $2700 and a gain on the sale of equipment of $14300. The company's net sales for the month are $154000$139700$160700$165000 During March 2020, Sandhlil Company generated sales revenues of $156000. The company's sales returns and allowances were $28500 and sales discounts were $5600, Sandhill expenses and gains were as followsi cost of goods sold of $81000, operating expenses of $32700, interest expense of $3400 and a gain on the sale of equipment of $14100. The company's gross profit for the month is $40900 $8200 $37500. 375000 During March 2020, Crane Company generated sales revenues of $160000. The company's sales returns arid allowances were $26500 and sales discounts were $5600. Crane' expenser and gains were as follown: cost of goods sold of $85000, operating expenses of $33600, interest expense of $4000 and a gain on the sale of cquipment of $15400. The company sincome from operations for the month is 537400 $9300. 541400. $50000. During March 2020, Ivanhoe Company generated 53 es revenues of $156000. The company 5 sales feturns and allowances were: $20000 and sales discounts were \$4600. Ivanhoe' expenses and gains were as follows:cost of goods sold of \$88000, operating expenses of $34300, interest expense of $3700 and a gain on the sale of equipment of $15000. The company's net income (loss) for themonth is 527800. 520400. 5(9600) 530000 If a company has sales revenue of $621000, net sales of $500000, and cost of goods sold of $386000. the gross profit rate is 389 80%. 62%. 23%