The following information is available for Bandera Manufacturing Company for the month ending January 31: Cost of goods manufactured $214,880 Selling expenses 71,780 Administrative expenses 37,950 Sales 457,200 Finished goods inventory, January 1 51,660 Finished goods inventory, January 31 47,090 a. For the month ended January 31, determine Bandera Manufacturing's cost of goods sold. Bandera Manufacturing Company Cost of Goods Sold January 31 Costs Type Amount b. For the month ended January 31, determine Bandera Manufacturing's gross profit.