Hull Company reported the following income statement information for the current year: $422,800 Sales Cost of goods sold: Beginning inventory Cost of goods purchased Cost of goods available for sale Ending inventory Cost of goods sold Gross profit $150,000 285, aee 435, see 156.385 279, 280 $143, see The beginning inventory balance is correct. However, the ending inventory ligure was overslaled by $32,000. Given this information, the correct gross prolil would be: Multiple Choice O $111,000 0 $143,000 0 $175.000 $124,000 O $118.000