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Using the following information, what is the amount of gross profit? Purchases $ 34,583 $ 907 Selling expenses Merchandise Inventory, September 30 Merchandise Inventory, September

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Using the following information, what is the amount of gross profit? Purchases $ 34,583 $ 907 Selling expenses Merchandise Inventory, September 30 Merchandise Inventory, September 1 7,097 10,452 Administrative expenses 1,126 Sales 55,555 Rent revenue 716 Interest expense 845 a. $23,420 b. $86,783 c. $55,555 d. $24,327

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