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The following data come from the inventory records of Draper Company: Net sales revenue. 626,000 Beginning inventory. 66,000 Ending inventory. 42,000 Net purchases ............ 450,000

The following data come from the inventory records of Draper Company: Net sales revenue. 626,000 Beginning inventory. 66,000 Ending inventory. 42,000 Net purchases ............ 450,000 Based on these facts, calculate the gross profit for Draper Company. Select the correct choice below and, if necessary, fill in the answer box to complete your choice. A. $192,000 B. $150,000 C. $176,000 D. Some other amount $

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