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Fields Company has net sales of $ 7 5 2 , 0 0 0 and cost of goods sold of $ 5 4 3 ,

Fields Company has net sales of $752,000 and cost of goods sold of $543,000. Its net income is $17,530. Fields
Company's gross margin and operating expenses, respectively, are:
$209,000 and $191,470
$525,470 and $227,000
$227,000 and $525,470
$191,470 and $209,000
$734,000 and $191,470
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