Multiple Choice Question 199 Bridgeport's Fashions sold merchandise for $183000 cash during the month of July. Returns that month totaled $5500. If the company's gross profit rate is 40%, Bridgeport's will report monthly net sales revenue and cost of goods sold of $183000 and $106500 $183000 and $109800. $177500 and $71000 $177500 and $106500