During 2021, Raines Umbrella Corporation had sales of$970,000. Cost of goods sold, administrative and selling expenses,and depreciation expenses were $648,000, $125,000, and $170,000,respectively. During 2021, Raines Umbrella Corporation had sales of \( \$ 970,000 \). Cost of goods sold, administrative and selling expenses, and depreciation expenses were \( \$ 648,000 \), \( \$ 125,000 \), and 1 answer