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On January 1,2024, Crane Retailers had inventory of $51,100. On December 31,2024 , total inventory on hand was $65,100. Crane reported the following account balances

image text in transcribedimage text in transcribedimage text in transcribed On January 1,2024, Crane Retailers had inventory of $51,100. On December 31,2024 , total inventory on hand was $65,100. Crane reported the following account balances on December 31: Calculate Crane Retailers' 2024 gross profit. Gross profit eTextbook and Media Assistance Used Attempts: 2 of 2 use Calculate Crane Retailers' 2024 operating expenses if profit for the year is $128,800 and there are no non-operating activities. Operating expenses

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