For Mortenson Company, the following information is available: 8,000 Cost of goods sold $240,000 Sales discounts Income tax expense 24,000 Operating expenses 92,000 Sales revenue 400,000 In Mortenson'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