Using the following information, what is the amount of net income? Purchases $ 31,339 $ 688 Selling expenses Merchandise inventory, September 30 Merchandise inventory, September 1 6,580 9,357 Administrative expenses 888 Sales 58,331 Rent revenue 849 Interest expense 1,137 a. $30,179 b. $21,325 c. $27,905 d. $37,262 Using the following information, what is the amount of gross profit? Purchases $ 28,983 Selling expenses Merchandise inventory, September 1 5,351 Merchandise inventory, September 30 $ 943 9,983 Administrative expenses 718 Sales 50,584 Rent revenue 1,192 Interest expense 801 Oa. $74,935 Ob. $25,290 Oc. $50,584 d. $26,233