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The following information relates to Taylor Ltd: Trade receivables at 1.2.22 101,000 Trade receivables at 28.2.22 107,000 Trade payables at 1.2.22 52,000 Trade payables at

The following information relates to Taylor Ltd:

Trade receivables at 1.2.22

101,000

Trade receivables at 28.2.22

107,000

Trade payables at 1.2.22

52,000

Trade payables at 28.2.22

49,500

Payments to suppliers in the month

145,100

Sums received from customers in the month

271,500

Cash discounts received in the month

1,500

Cash discounts allowed in the month

2,700

Bad debt written off in the month

1,000

Inventory at 1.2.22

85,000

Inventory at 28.2.22

77,000

What is the gross profit of Taylor Ltd for the month of February 2022?

Select one answer:

132,100

171,200

154,100

129,100

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