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The following information is for Montreal Gloves Inc. for the year 2016: Sales in 2016 were 303,000 pairs of gloves for $22 per pair. Calculate

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The following information is for Montreal Gloves Inc. for the year 2016: Sales in 2016 were 303,000 pairs of gloves for $22 per pair. Calculate the following: What is the cost of goods sold for 2016? (Round answer to 2 decimal places, e.g. 15.25.) What is the amount of the gross profit for 2016? (Round answer to 2 decimal places, e.g. 15.25.)

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