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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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