Microhard, Inc. Consolidated Income Statements For the years ended January 31 (all amounts in thousands) Year 3 Year 2 Year 1 Sales Revenue $1,310,000 $1,234,000 $1,140,000 Cost of Goods Sold $765,000 $587,000 $498,000 Selling Expenses $112,000 $300,000 $250,000 Depreciation and Amortization Expense $183,000 $200,000 $180,000 Calculate Microhard's Gross Profit for the year ended January 31, Year 3