QUESTION 13 CI Saratoga Beach Auto Parts had the following information taken from its 2020 adjusted trial balance: Sales, $200,000; Sales Discounts, $4,000; Begin ning Inventory, $10,000, and Purchases, $140,000. A physical count of the merchandise on hand at the end of the year showed $20,000. Compute the gross margin (gross profit) that would appear in the statement of earnings. O $70,000 O $74,000 O $62,000 O $66,000