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Given the following data, what is Gross Profit? Sales revenue Beginning inventory Ending inventory Purchases Freight-out Freight-in Purchase Discounts $850,000 120,000 200,000 700,000 20,000 10,000

Given the following data, what is Gross Profit? Sales revenue Beginning inventory Ending inventory Purchases Freight-out Freight-in Purchase Discounts $850,000 120,000 200,000 700,000 20,000 10,000 5,000 Select one: a. $235,000 b. $220,000 c. $225.000 d. 5230.000 e. $215.000

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