Sintoque Industries reported the following items for the current year: Sales = RM3,000,000; Cost of Goods Sold =RM1,500,000; Depreciation Expense = RM170,000; Administrative Expenses = RM150,000; Interest Expense = RM30,000; Marketing Expenses = RM80,000; and Taxes = RM300,000. Sintoque's gross profit is equal to Select one: a. RM1,070,000 b. RM770,000 c. RM1,100,000 d. RM1,500,000