The following selected accounts and their current balances appear in the ledger of Fernandez Co. at the end of its fiscal year. Cash $250,000 Retained Earnings 2,850,000 Accounts Receivable 1,197,000 Dividends 50,000 Inventory 1,790,000 Sales 9,350,000 Estimated Returns Inventory 23,500 Cost of Goods Sold 5,840,000 Office Supplies 14,000 Sales Salaries Expense 820,000 Prepaid Insurance 8,500 Advertising Expense 350,000 Office Equipment 870,000 Depr. Exp-Store Equip. 120,000 Accum. Depr.- Office Equip 580,000 Miscellaneous Selling Expense 58,000 Store Equipment 2,600,000 Office Salaries Expense 550.000 Accum. Depr.-Store Equip. 820,000 Rent Expense 104,000 Accounts Payable 336,000 Depr. Exp. Omce Equip. 60,000 Customer Refunds Payable 39,000 Insurance Expense 50.000 Salaries Payable 43.000 Office Supplies Expense 26,000 Notes Payable (long-term) 200,000 Miscellaneous Admin. Exp. 12,000 Common Stock 600,000 Interest Expense 25,000 What is the amount of gross profit for Femandez Co.? O a $3,510,000 Ob S1,335,000 OC S7,175,000 d. 52,162,000