eBOOK Show Me How Calculator 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 $287,310 Selling expenses 95,970 Administrative expenses 50,740 Sales 611,290 Finished goods inventory, January 1 69,080 Finished goods inventory, January 31 62,960 For the month ended January 31, determine Bandera's (a) cost of goods sold, (b) gross profit, and (c) net income. (a) Bandera Manufacturing Company Cost of Goods Sold January 31