Sales: $$132,600$

Returns and allowances: $$5,280$

Net sales: $($a$)$

Cost of goods sold: $$62,900$

Gross profit: $($b$)$

Expenses: $$41,820$

Net profit or loss: $\_($c$)$

Label as profit or loss: $($d$)$

$($a$)$ $

$($b$)$ $

$($c$)$ $

$($d$)$