The Orosco Company has 50 items in its inventory on June 6th that each cost $42 when purchased. When the Orosco Company sells 20 of these items on June 7th at a price of $75 each, which of the following is true? Gross Profit increas es by $1,550 OGross Profit increases by $660 O Gross Profit decreases by $660 Gross Profit decreas es by $1,550