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The Willie Company has provided the following information: Operating expenses were $365,000; Income from operations was $250,000; Net sales were $1,500,000; Interest expense was $77,000;

The Willie Company has provided the following information:
Operating expenses were $365,000;
Income from operations was $250,000;
Net sales were $1,500,000;
Interest expense was $77,000;
Discontinued operations loss net of tax was $85,000;
Income tax expense was $51,900.
What was Willie's gross profit?
$885,000
$785,800
$666,900
$615,000

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