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Pip Corporation uses horizontal analysis to compare its income statement from year to year. Pip Corporation reported the following data last year as well as

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Pip Corporation uses horizontal analysis to compare its income statement from year to year. Pip Corporation reported the following data last year as well as the percent change when compared to the current year: Total Last Year '33 Change in Current Year Sales Revenue $T50,000 6.00% Cost of Goods Sold $130,000 1.0% Gross Prot $5T0,000 What is the Gross Prot in the current year\"? 0 A. $50,000 0 B. $013,200 0 c. $504,200 0 o. $598,500

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