,

Sales Revenue\ Sales Returns\ Cost of Goods Sold\ Interest Expense on business loan\ Car/Truck Expense (repairs, gas, oil, etc.)\

$485,000

\

$17,000

\

$161,000

\

$4,000

\

$8,300

\ 1\ Taxes and licenses\ Depreciation\ Utilities\ Wages to sales staff\ Fee paid to CPA for Schedule C\ \\\\table[[

$

,18,300],[

$

,9,500],[

$

,3,500],[

$110,000

,],[

$

,1,500]]\ The net profit for the sole proprietorship would be

$

reported on and it would be\ a.

$154,600

, Schedule C, Line 31 .\ b.

$154,600

, Schedule C, Line 7 .\ c.

$152,400

, Schedule C, Line 31 .\ d.

$151,900

, Schedule C, Line 31.

The net profit for the sole proprietorship would be $ reported on and it would be a. $154,600, Schedule C, Line 31 . b. $154,600, Schedule C, Line 7 . c. $152,400, Schedule C, Line 31 . d. $151,900, Schedule C, Line 31