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Ellicott City Manufacturers, Inc. reported net sales of $674,000, and a gross profit margin of 42% in 2020. What is the firm's cost of goods

Ellicott City Manufacturers, Inc. reported net sales of $674,000, and a gross profit margin of 42% in 2020. What is the firm's cost of goods sold? (Round to the nearest dollar).

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Ellicott City Manufacturers, Inc, reported net sales of $674,000, and a gross profit margin of 42% in 2020 . What is the firm's cost of goods sold? (Round to the nearest dollar)

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