Question 4 5 pts A company had expenses other than cost of goods sold of $250,000. Determine sales and gross profit given cost of goods sold was $100,000 and net income was $150,000. Sales: $500,000; Gross Profit: $50,000 Sales: $350,000; Gross Profit: $50,000 Sales: $500,000; Gross Profit: $400,000 Sales: $350,000; Gross Profit: $150,000 Sales: $400,000; Gross Profit: $500,000