The TP's sole proprietorship had the following revenues and expe 2023: Sales Revenue $510,000 Sales Returns $15,000 Cost of Goods Sold $161,000 Interest Expense on business loan $4,000 . Car/Truck Expense (repairs, gas, oil, etc.) $8,300 Taxes and licenses $17,600 Depreciation $9,500 Utilities $3,500 Wages to sales staff $110,000 Fee paid to CPA for Schedule C $1,500 The net profit for the sole proprietorship would be $ and it would be reported on O $179,600, Schedule C, Line 31. O $174,600, Schedule C, Line 7. O $172,400, Schedule C, Line 31. O $171,900, Schedule C, Line 31.