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Sales Revenue $560,000 Cost of Goods Sold 345,000 Sales Discounts 28,000 Sales Return and Allowances 19,000 Operating Expenses 85,000 Interest Revenue 5,000 Referring to the
Sales Revenue | $560,000 |
Cost of Goods Sold | 345,000 |
Sales Discounts | 28,000 |
Sales Return and Allowances | 19,000 |
Operating Expenses | 85,000 |
Interest Revenue | 5,000 |
Referring to the table, what is the gross profit?
a) $148,000
b) $90,000
c) $168,000
d) $105,000
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