For 2019, Amaranth Athletics has ending finished goods inventory of $250,000 and beginning finished goods inventory of $179,000. Amaranth uses a normal costing system and has total applied factory overhead of $220,500 for 2019. Sales are $1,280,000, Cost of goods manufactured is $950,000, and actual factory overhead costs are $ 202,000. What is Amaranth Athletics gross profit if the company closes out over/under-applied overhead to cost of goods sold? (5 points) Show your calculations and label each item. I MacBook Air DD DIL FB F12 F7 F11 F9 F10 & - ( 9 ) 0 + II 8 7