For Ahmad Company, the following information is available: Cost of goods sold Sales discounts Income tax...

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For Ahmad Company, the following information is available: Cost of goods sold Sales discounts Income tax expense Operating expenses Sales revenue $240,000 8,000 24,000 92,000 400,000 In Ahmad's income statement, gross profit ? Select one: O a. should not be reported O b. should be reported at $36,000 O c. should be reported at $152,000 O d. should be reported at $160,000 For Ahmad Company, the following information is available: Cost of goods sold Sales discounts Income tax expense Operating expenses Sales revenue $240,000 8,000 24,000 92,000 400,000 In Ahmad's income statement, gross profit ? Select one: O a. should not be reported O b. should be reported at $36,000 O c. should be reported at $152,000 O d. should be reported at $160,000