Please answer all 3 questions. Answer the following questions using the information below for Pert Products:

Beginning finished goods, 1/1/20X3 $ 90,000

Ending finished goods, 12/31/20X3 77,000

Cost of goods sold 270,000 Sales revenue 500,000

Operating expenses 155,000

What is the cost of goods manufactured (COGM)for 20X3? Question 19 options:

a) $230,000 b) $355,000 c) $283,000 d) $257,000 Question 20 (1 point)

Using the information above for Pert Products, what is the gross margin for 20X3? Question 20 options: a) $257,000 b) $230,000 c) $283,000 d) $355,000 Question 21 (1 point)

Using the information above for Pert Products, what is the operating income for 20X3? Question 21 options: a) $62,000 b) $75,000 c) $112,000 d) $230,000