The 2019 Gross profit and Gross Profit Margin are:

a. $197,500 and 74.4%

b. $193,200 and 74.7%

c. $167,200 and 70.7%

d. $216,400 and 69.8%

Net Revenue Cost of Goods Sold Inventory Net Profit Selected Financial 2019 2018 258,500 305,600 65,300 78,200 15,500 18,400 95,100 88,800 The 2019 Gross Profit and Gross Profit Margin are: O a. $197,500 and 74.4% O b. $193,200 and 74.7% O c. $167,200 and 70.7% O d. $216,400 and 69.8% Selected Financial Information from the Adjusted Trial Balance of Seaview LLC for the Month Ended March 2020 Sales Returns & Allowances Cost of Goods Sold Other Expenses Sales Discount Gross Revenue Operating Expenses Other Revenue 15,000 400,000 5,000 2,500 450,000 50,000 25,000 The Income/(Loss) from Operations is: a. ($16,500) b. $18,500 c. $19,500 d. ($17,500)