The following information is available for crouching Alligator Manufacturing Company for the month ending October 31, 2016:

Cost of goods manufactured$450,000

Selling expenses144,500

Administrative expenses75,900

Sales911,250

Finished goods inventory, July 1101,250

Finished goods inventory, July 3193,800

For the month ended October 31, 2016, determine:

*format all answers with dollar sign and comma ($x,xxx)

a) cost of goods sold

b) gross profit

c) net income