Given the information below, what is the gross profit? Sales revenue $300,000 Accounts receivable 59,000 Ending inventory 118,000 Cost of goods sold 243,000 Sales returns 24,000 Multiple Choice $36,000. $158,000. $57,000. $33,000. LeGrand Corporation reported the following amounts in its income statement: Sales revenue $440,000 Advertising expense 60,000 Interest expense 10,000 Salaries expense Utilities expense 55,000 25,000 Income tax expense 45,000 Cost of goods sold 180,000 What was LeGrand's operating income? Multiple Choice O $120,000. $65,000. $110,000. Tyler Toys has beginning inventory for the year of $19,500. During the year, Tyler purchases inventory for $238,000 and has cost of goods sold equal to $241,000. Tyler's ending inventory equals: Multiple Choice $22,500. $19,500 $19,600 $16,500