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Schrute Farm Salos buys portable generators for $460 and sells them for $730. He pays a sales commission of 5% of sales revenue to his

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Schrute Farm Salos buys portable generators for $460 and sells them for $730. He pays a sales commission of 5% of sales revenue to his sales staff. Me Schrute pays $5,000 a month rent for his store, and also pays $1,800 a month to his staff in addition to the commissions. Mr. Schrute sold 600 generators in June. If Mr. Schvute prepares a traditional income statement for the month of June, what would be his gross profit? O A. $438,000 O B. $276,000 OC. $162,000 OD. $714,000

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