Need help with these two questions. Thank you

View Policies Current Attempt in Progress Marigold Company has sales revenue of $60600, cost of goods sold of $35800 and operating expenses of 513400 for the year ended December 31. Marigold's gross profit is O $0. O $47200 O $11400. O $24800, Save for Later Attempts: 0 of 1 used Submit Answer 19 AR A Sheridan Company uses a perpetual inventory system and purchased inventory from Carla Vista Company. The shipping costs were $440 and the terms of the shipment were FOB shipping point. Sheridan would have the following entry regarding the shipping charges: 440 O Freight-Out Cash 440 There is no entry on Sheridan's books for this transaction. O Inventory 440 Cash 440 440 O Freight Expense Cash 440 Save for Later Attempts: 0 of 1 used Submit Answer 19 A G