Please determine the A) costs of goods sold, B) Gross profit, and C) Net Income based on the following information. Please show all work. The following information is available for New Balance for the month ending March 31: Cost of goods manufactured $3,606,000 Selling expenses $426,000 Administrative expenses $273,000 Sales $5,300,000 Finished goods, February 1 $707,000 Finished goods inventory, February 28 $622,000