Using the following information, what is the amount of gross profit? a. $26,991 b. $50,750 C. $26,016 d. 574,509

Using the following information, what is the amount of qross profit? Purchases Merchandise inventory, September 1 Administrative expenses Rent revenue S26.99t Ob. sso,750 526,016 C)d. $74,509 $ 27,029 6,377 1,094 1,172 Selling expenses Merchandise inventory, Septernber 30 Sales Interest expense $ 975 9,647 50,750 1,161