Sales discounts 2,400 Sales returns and allowances 3,600 27,700 Cost of goods sold Sales salaries expense Sales revenue 9,600 Income taxes 10,000 Advertising expense 7,200 Administrative Salaries expense 8,300 88,000 If this information was used to prepare an income statement, Gross Profit should be: Select one: O a. 54,300 b. 48,300 OC 51,900 d. 82,000 es 60,300