The following information was taken from Smith Corporation's accounting records: What is Smith Corporation's gross profit? $54,000.$105,000.$83,000.$76,000

Question 40 The following information was taken from Smith Corporation's accounting records: Cost of Goods Sold Sales Returns and Allowances Sales Discount Sales Operating Expenses What is Smith Corporation's gross profit? $45,000 23,000 6,000 150,000 67,000 O o O O $54,000. $105,000. $83,000. $76,000.