for $800 He pays a sales commission of 15% of sales revenue to his sales staff. Stanley pays S 1 600 a month rent for his store and also pays S 000 a month to his staff in addition to the commissions. Stanley sold 160 bicycles in June. If Stanley prepares a traditional income statement for the month of June, what would be his gross profit? S97,600 $128,000 $225,600 $30,400