Progress Marigold Corporation had sales revenue of $5,820,000 and investment revenue of $229,000 for the year ended December 31, 2023. Other items pertaining to 2023 were as follows: Cost of goods sold $4,650,000 Salaries and wages expense (sales) 368,000 Advertising expense 130,000 Entertainment expense 78,000 Selling expenses 576,000 Salaries and wages expense (administrative) 305,000 Rent expense 110,000 Utilities expense 41,000 Administrative expenses 456,000 Increase in value of company reputation 71,000 Unrealized gain on value of patents 36,000