The following financial information was summarized from the accounting records of Block Corporation for the current year ended December 31

	Software Division	Hardware Division	Corporate Total
Cost of goods sold	$45,813	$31,803
Direct operating expenses	$27,997	$20,300
Net sales	$96,797	$67,457
Interest expense			$2,896
General overhead			$18,001
Income tax			$4,371

What is the gross profit for the Hardware Division?

Select the correct answer.

$15,354

$31,803

$47,157

$35,654